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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 Feb 22, 2021 6:28pm
101 Views
Post# 32632760

RE:Because It's A Bull Market

RE:Because It's A Bull MarketIf i didn't make it clear in my first post the only silver these guys are seeking to mine is found in investor's pockets.

For a mine to achieve production it takes ten years from the first assay to the first pour.  I was intrigued because the article was in the National Post which is broadly speaking Canada's premier business newspaper.  

These guys are old school.  Promoters.  They've assembled property in Mexico which is one big abandoned silver mine.  They will 'twin' an old drill hole which was uneconomic back in the day and trumpet the grades as if they are bonafide new bonanza.

Then, properly loaded up on private placement shares--with their friendly journalists on board--it's off to the races.

It's like the 70s all over.  The epitome of which was the legendary promoter Murray Pezim who, if he doesn't already, should have this quote on his tombstone "Why drill a hole and ruin a good story".

Cheers.  
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