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

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Post by liquorcon Aug 23, 2014 7:56am

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Post# 22871531

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Very unusual to see a sudden move up 22 cents then give it back, but huge volume indicates something coming soon. 10mm cash flow in the qtr, 40mm annual gives hope of at least a 50% move based on ecomics.

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