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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 treehugger2on Sep 03, 2021 10:42am
150 Views
Post# 33809016

RE:I see it in a positive light

RE:I see it in a positive light
As did with the previous (gazillionfold) share price devalue, other than that, what signs are there now that they will engage in serious drilling? It seems to me that the fresh money (the added shares) is to keep them doing what they have been doing for the past 24 years – running the business for self-supporting income generating at the expense of the one and only party that keeps them in business and listed – that party of course is the retail shareholder. Only weeks ago, why would they spend money to purchase worthless pieces of properties (in terms of mineral rich), instead of investing that money to engage in serious drilling at their existing properties?
Sure, what about drilling on that PINO land, you know, the carrot bait? I think PINO’s owners are waiting for the Contract they have with SSE to expire. They likely have other people, serious and trustworthy people, in waiting. Well now, under such scenario, what would SSE’s (their) “Flagship” property be, I wonder? Yeah, planning to own PINO 100%.    
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