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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

Metals & Mining Industrial Metals & Minerals
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

Santacruz Silver Mining Ltd > The ideal way to finance the acquisition
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Comment by MacRellenon Dec 13, 2021 6:29pm
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Post# 34226945

RE:The ideal way to finance the acquisition

RE:The ideal way to finance the acquisitionThat would probably be a good option. Or maybe a zinc streaming deal?

What worries me is the price action seen since trading resumed. Seems to me we often see similar trading in stocks just before a PP is announced - price declining followed by a PP at an "unreasonably" low price. Maybe at 20 cents with Palisades as a major participant?

Hopefully, I'm wrong. After all a lot of miners are selling at a discount nowadays. (I know: trust the management, they know what they're doing ;-)
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