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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Metals & Mining Industrial Metals & Minerals
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

Santacruz Silver Mining Ltd > tremendously leveraged silver co
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Comment by Blazesbon Feb 02, 2021 3:29pm
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Post# 32449347

RE:RE:tremendously leveraged silver co

RE:RE:tremendously leveraged silver coYes.  Not the 'good news' we expected when we went to bed last night but something much much better.  The silver price will take care of itself this year and next.

The implied returns from the efficiencies demonstrated by the Q4 results more than justify the decision to invest 8 mil from the last cash raise into equipment upgrades.

Absolutely great news.
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