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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 16, 2021 4:40pm
140 Views
Post# 32810030

RE:RE:Bryan Slusarchuk: Zacatecas Silver explained

RE:RE:Bryan Slusarchuk: Zacatecas Silver explainedStansj.  You are correct about the real value of SCZ as a producer.

ZAC is not a mining stock. Its a promotion.   As it takes ten years to bring a discovery into production the only silver extraction Zac will do in THIS bull market is from investors pockets.

For promotional purposes they have the marquee name of 'Eric Sprott' on board.  Tame journalists too...witness their press coverage.  

They will 'twin' an old drill hole that was uneconomic at $15 silver which they can promote as bonanza grade at today's $26 silver.

These are the abc's of promotion.  

Since SCZ has 5 million ZAC shares there is a connection here and interest but it's nominal at best.

SCZ is an investment for THIS silver bull market.  It is a producer and has moved on from the mining promotion playpen.  We should do the same and leave ZAC to its followers on its own board.

Cheers.    
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