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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

Comment by Blazesbon Jan 02, 2021 4:47pm
196 Views
Post# 32210035

RE:RE:RE:RE:RE:Excelsior's Portfolio

RE:RE:RE:RE:RE:Excelsior's Portfoliomferguson71. Thank you for the tips. Copper has had a great run--wish i'd participated.

I own two companies.   Jaguar Mining (gold) has a  profile similar to SCZ and is in better financial shape.  No debt and production ramping up.

As we're all anonymous schmos with an opinion doing your own due diligence is essential but, that said, some endorsements are more meaningful than others.

Jaguar is 48% owned by Eric Sprott.  Sprott  recently did a highly publicized sale of his shares in Novo Resources which in 2017 he had funded to the tune of 56 million$.

Jaguar is the company he KEPT and, by way of an 8 cent per share quarterly dividend, is turning into his cash generator.  Now THATS an endorsement.

I'm not into exploration companies presently because there you're relying on luck with the drill bit.  Meanwhile there's a raging precious metals bull market underway which will reward actual producers so these days that's where I'm at.

I do look around for solid information and I'm happy to do my bit and pass on what i can--Excelsior is phenomenal.

One guy that does incredible analysis of mining explorers can be found on ceo.ca.  He goes by the moniker DrJimJones.  Check him out. 

I'm excited for 2021.  As i've said here before, my biggest fear is being shaken loose from my positions by extreme news events exterior to the markets or by market events themselves. I have a 1-4 year window.  I'll put it this way, i don't plan on selling a single share in 2021.

Cheers. 

 
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