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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Santacruz Silver Mining Ltd. is a Canada-based company. It is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas ore sourcing and trading business are also in Bolivia. Bolivar Mine is located in the state of Oruro in Bolivia, and municipality of Antequera. Caballo Blanco mine consists of three separate mines and one process plant operating as one to produce Zinc and Lead concentrates. Porco mine is located in the Porco Municipality of the Antonio Quijarro Province, in the Potosi Department, Bolivia. Zimapan mine consist of 34 mining concessions covering an area of 5,139 hectares, including the prospective 337-hectare Santa Gorgonia one concession. It is seven kilometers from the municipality of Zimapan in Hidalgo State, Mexico.


TSXV:SCZ - Post by User

Bullboard Posts
Comment by VoxContraryon Aug 06, 2020 1:40pm
120 Views
Post# 31374118

RE:RE:message from investor relations

RE:RE:message from investor relationsI tend to agree.  I originally invested over 5 years ago based on the recommendation of someone who had met with the management team and believed them to be honest, hardworking, and competent operators.  All the news in that time has been consistent with that characterization.

It's quite possible that this trading halt may work out to Longs' advantage.  In a scenario, where the share price gradually trades up from, for example, 0.20 to 1.00, I can imagine that a lot of longs might have diversified away, selling shares at 0.50, 0.75 and so on.

With the acquisition news, and the resulting trading halt coinciding with this pretty massive increase in Ag $/oz, it's anybody's guess as to the stepwise jump up in share price is likely to be. 

I'm even more curious about the daily volume.  For the past few years, it was extremely rare to exceed $100k USD of daily trading volume.  I'm expecting that to go up over $1 MM per day now.
Bullboard Posts