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Silver Spruce Resources Inc V.SSE

Alternate Symbol(s):  SSEBF

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.


TSXV:SSE - Post by User

Comment by mrmomoon Aug 17, 2021 11:16am
96 Views
Post# 33716788

RE:RE:Promises, promises, promises.....

RE:RE:Promises, promises, promises....."I understand the frustration but it sounds like you're looking for a quick turn around and dump. I don't think this is the right stock to for that strategy."

I think you're targeting the wrong person for your criticism, you should really focus on the s/h holders who been holding for YEARS when it comes to issues of frustration & patience, degfinitely NOT me. I personally KNEW EXACTLY what i was getting into when i bought this garbage and it has nothing to do with a "quick turn around and dump" IF you've read my commnents from the start & understood my message. What would be your "sage" advice for that poor Joe who's bee holding this cr*p for for years, some possibly decades with nothing to show for? Imo, i think you should rethink your approach here, when criticising and focus more of it on the actual culprit than honest folks.

"It still is Mid-august, its not that they promised results on Sunday Aug 15th, its a rough guide to help expectations for the news. Secondly, the samples will be run for multi-element which typically take an extra 2 week after the Au-Ag results."

I suggest you revisit the company's previous comments.....again! Here's the company's last update below..... BY their OWN words.......not mine!

"Silver Spruce Resources Inc. has completed its phase 1 exploration drilling at the El Mezquite Au-Ag property. A total of 2,485 metres were drilled in 20 holes covering eight collar locations. The first seven drill holes were completed on June 14 and the company is anticipating the final results of gold, silver and multielement analyses by mid-August. The remaining 13 holes were drilled with two reverse-circulation rigs from Layne de Mexico and completed as scheduled on July 28."


"They put out some news regarding NFDL this morning so for those complaining that Mgnt is sitting on their butt is not true. They are working on multiple fronts in Mexico and Canada. This is a stock that you go long on IMO."

Yep, they put out a release alright......the WRONG one! Not only was it the news the folks WEREN'T waiting for but this unexpected news does two unfortunate things. Which are NOT GOOD in any fashion. First, this news was probably intentional to cover MORE delays of the El Mezquito drill results and try to deflect investors attention to them to something else. Two, it KILLS ANY possibility that Pino de Plata is still alive. This NEW acquisition more or less puts the final nail in the coffin for ANY chance they can recoup Pino. And imo, these assets are more crappy than El Mezquite, Damiante, Jackie, Mechett Lake or even the lowly Pope Hill.

"Also, not sure why people were blaming mgnt for the pump and dump a little while ago. That was caused by Reddit Wallstreet Silver hype causing lots of people jump into silver stocks, then a week later leaving. Pure speculation play that didn't benifit anyone unless they sold >8 cents /share and bought back in at 5 cents."

TOTAL BS. That last spike & subsequent fall off the cliff was ALL the work of the company insiders & their MM associates......no one else!

"I suspect results will be put out before the end of the month. Trust the mgnt and believe in the projects or invest in a different company would be my suggestion."

Trust in this company or the mulitude of mgmt personelle its had over the many years was lost long ago......present company included. Again, go try to preach your surmmons to the many poor folks who've been holding the bag in this c*ap for years....some for decades! Fortunately for me, i was not one of them AND trust me when i tell you i will not be one! As i can spot a fraud, a scam or a bunch of useless folks like these.....miles away......most of the time.

Good luck & God Speed

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