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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 Mar 11, 2021 3:30am
124 Views
Post# 32770115

RE:RE:RE:RE:RE:DILUTION 80 MIILION SHARES(WITH WARRANT)

RE:RE:RE:RE:RE:DILUTION 80 MIILION SHARES(WITH WARRANT)Well, just like that we're solidly back over $26 silver.  Earnings Q4 should come out any day.  Average silver price was higher than Q3.  Q1 average silver prices were higher again.

Still, we'll need a few weeks to munch through all those options and warrants before the stock resumes its climb.  Dilution was inevitable.

Hurry up and wait is the ongoing order of things SCZ...i kind of have been viewing this whole year through that lens.  Every other asset class but gold silver has been booming.  Gold especially in the tank since last summer.  Silver has avoided that fate with its higher floor due to its very real commodity metal properties.


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