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Santacruz Silver Mining Ltd V.SCZ

Alternate Symbol(s):  SCZMF

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

Post by Blazesbon Mar 28, 2022 4:06pm
190 Views
Post# 34553270

SCZ is a Silver Producer First

SCZ is a Silver Producer FirstThe market has repriced SCZ rewarding the acquisitions completion.  That only goes so far. 

Silver remains range bound notwithstanding the recent geopolitical bump.  So i guess its silver that will drive the share price.  Breaking through that $30 ceiling remains key.

Zinc is in the stratosphere...the share price not so much.  If the market viewed SCZ as a zinc miner first the share price would reflect that.

I think Q2 earnings will tell us a lot we won't know from Q1 earnings because they will reflect a full quarter of SCZ ownership.

The wild card is inflation raising production costs.  Does anyone out there know how those new power plants are fueled?  Most mines burn diesel.   
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