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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

Post by treehugger2on Sep 02, 2021 3:14pm
133 Views
Post# 33804315

Excerpt from A Tale

Excerpt from A Tale

First draft. Pls, feel free to add/correct. In case of inaccuracies, a copy of this is to be emailed to SSE’s Headquarters.  
 
The Silver Spruce entrapment.
 
Agent A, I don’t mean to crack a joke here, because there is nothing humorous about this Pandemic’s handling. Just the engineering, spluttering and prolongation of misery, and painful loss across and wide for the vast majority, unless from the upper echelons, of course.
As it is, and because from where I am located, I cannot travel to distant local and where I need to be for special field exploration at Intertidal Zones and where the Ocean meets the land, such exploration must wait, for now. That’s regrettable, because those are the places, that I normally go to, and which are imperative for a couple of my Files. And one ultra demanding File in particular that I must observe Regeneration ability in amphibians (See Sars in this case), as they go about their world without disturbing them in the least.
Well, for now, the ingenious and the caring COVID-19 Vaccine Passporters have close that door for me. I cannot fly, unless that is I have a private jet, and in which case I would have no problem finding the pilot, but not the express jet to curry me to these far away excursions.
But, even at best, even without the lovely CovoPassporters about, the adventure for this year’s field research theme would have been quite limited for me.
Situation: Why limited if not for the COVID Passport? Well, Some months ago, after doing (you did it for me actually) extensive research on their flagship, the “PINO DE PLATA” property, I have invested this year’s travel research funds in this publicly traded Company, the “Silver Spruce” Company.
The intent, of course, was that I come out of this mineral exploration Company with a little gain, or at worst case scenario come out even, and do so in a fairy short time – in one year at the most. But guess what, I have since discovered that this Company or rather its administrators, for the past 24 years are involved in what is called “Lifestyle empty shell Company” or something like that. Albeit legalized, nonetheless, it is a hideous cheating scheme – an entrapment essentially.  Meaning this company’s Chief administrators (management) and thousands or others like them, no doubt, make their personal leaving via this legalized scheme. Put differently, in Silver Spruce’s case, they buy and sell nearly 100% worthless pieces of land properties with absolutely no intent of developing any of them. Once a while they do some trivial drilling but always with nothing, absolutely nothing of value to show for.  Just a repetition of activity and where it allows them to issue and re-issue worthless (cheap) shares, and of course to use as baits to lure in investors and in particular small retail unsuspected shareholders (the backbone of their financial security) for their easy income generating ploy; essentially, being freeloaders. In my view, this is parasitic activity.
But beyond all this debris, why Silver Spruce’s decision-making personnel would elect not to pursue the PINO De Plata project? It doesn't at all appear that they are, if anything, total stagnation is the case. That's odd, becouse  in accordance with some antiquated scanning report of theirs, I think it was, and more importantly, as per your examination, i.e., geological analyses of the region in general, the PINO property is likely loaded with both silver and gold?   
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