Sierra Metals Inc T.SMT

Alternate Symbol(s): SMTSF

Metals & Mining Industrial Metals & Minerals

Sierra Metals Inc. is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. Yauricocha is an underground mine located in the western central Peru in the Yauyos province, approximately 12 kilometers (km) west of the Continental Divide. The Yauricocha property covers 18,778 hectares that straddle a 20 km strike length over the prolific Yauricocha fault, a major ore controlling structure in this part of western central Peru. The Bolivar Mine is a contiguous portion of the 15,217-hectare Bolivar Property land package within the municipality of Urique, in the Piedras Verdes mining district of Chihuahua State, Mexico. The Piedras Verdes Plant, which is located six km from the Bolivar Mine. The Company has large land packages at each of its mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

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Sierra Metals Inc

Bullboard Posts

Comment by pipefit2on May 20, 2014 2:16pm

173 Views

Post# 22578805

RE:RE:1st Quarter Production is out

Silver has been flat, and base metals have been rebounding a little the last few weeks.  Really strange price action for the stock, given the price the product fetches.  The volume has been ultra low, but that is the norm.

Copper, as well as other base metals, are getting pretty close to being overbought. Given the slowdown in China, I expect a significant base metal correction soon. Perhaps I'm not the only investor anticipating this.

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports