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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

Comment by tarnoiron Apr 06, 2022 11:14am
164 Views
Post# 34580574

RE:Share Price

RE:Share PriceWell, that didn't work out so well. Gotta eat some crow. Somewhat surprised given how well Zinc prices are holding up. Hopefully just a technical retracement but doesn't seem to be able to find a floor. I want to buy more and now is a good opportunity (I think) but don't want to overpay if I can get in cheaper. Ag prices also still struggling so likely the reason, hard to say (?). All these pundits/prognasticators touting silver to the moon are probably mostly full of craap. I guess patience is the game here. Next quarterly report will hopefully be telling. Sure seems cheap @ $145 million MC, but maybe I'm missing something. 
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