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Southern Silver Exploration Corp. V.SSV

Alternate Symbol(s):  SSVFF

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.


TSXV:SSV - Post by User

Comment by Heywood_Silverson Jun 22, 2020 3:47pm
114 Views
Post# 31178016

RE:RE:RE:RE:RE:RE:Prospective investor with a question

RE:RE:RE:RE:RE:RE:Prospective investor with a questionAccording to the invetor presentation, Electrum owns 32% of SSV, so they are still heavily invested.  And, their ownership % willl remain high after all the new shares are issued to them.

This was really the best move that management could've made.  Trust me, there are many more investors out there like me who were kicking the tires but the whole JV thing was a monkey on the back.  Now they can just focus on advancing the project since they likely weren't going to JV it through the mine building stages anyways.
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