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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
Post by mferguson71on Oct 21, 2020 10:56pm
159 Views
Post# 31760199

Next Leg Up

Next Leg UpAfter Q3 financials are released is my estimate for the next pop. Once we can show consecutive quarters of production without hiccups alot of new investors will take notice. Right now exploration companies have been the hot hit. As we head into the american election I can see that shift occurring from exploration to majors and then to producers to alleviate risk. Alot of majors are increasing dividends or even sitting on physical metal. Mid tier producers may announce their plan to reduce debt or a small dividend. Small caps in my mind will look to use positive cash flow to negotiate financial loans or lowered interest rates. Banks will be aggressive if they can see positive cash flow because of where bonds are. Where else do they put money to work? Hopefully means less dilution going forward too. Share buybacks always am option. Just my opinion. Thats at least what I'm looking for on my positions.
Bullboard Posts