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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 Oct 29, 2021 11:36am
305 Views
Post# 34063517

Embarrassing

EmbarrassingI bet, the 20 or so thousand per day buying/selling shares that we see everyday is done by the chief administrator (insiders) so to give the impression that this company is still alive. This suggests that they are not about to quit their 25-year-old habit of embarrassing business activity. Yikes, I am $30.000 thousand short personally that I needed to replace. Even if I wanted to cell at nearly half my buying price (at 0.03.5 currently) no one is buying.
The PINO deal had more than the potential of giving us minimally $0.90 per share without even and before any deal with a major company that would be needed to develop the PINO Property.
What did we get instead? But of course, extra 40-50 thousand share erosion and enough to sustain them robust standard of existing for a while and until the next round of phony activity like the one that they (someone, and even if not them, they did nothing to stop the false hype) brought the share up to 11 cents just a few months ago, and then allow it to instantly slide to 3 cents -- standard shareholder mocking in the extreme.
 



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