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Sierra Madre Gold and Silver Ltd V.SM

Alternate Symbol(s):  SMDRF

Sierra Madre Gold and Silver Ltd. is a precious metals development and exploration company. The Company is focused on evaluating the potential of restarting the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted, past-producing underground mine, which includes a 500 t/d processing facility. The Guitarra mine is located in the Temascaltepec mining district, over 130 kilometers (km) southwest (SW) of Mexico City and covering approximately 39,714 hectares. The Tepic project is located approximately 27 km south-southeast of the city of Tepic, the capital of the State of Nayarit, Mexico. The Tepic Project hosts low-sulfidation epithermal gold and silver mineralization. The project consists of five mining concessions totaling approximately 2,612.5 hectares.


TSXV:SM - Post by User

Post by Rainydayon May 22, 2022 5:39pm
267 Views
Post# 34701441

Friday's rally

Friday's rallyGecko Research sent out a letter today stating  "we have added most of this (recently freed up) capital into a silver junior that has been trading around its 2021 IPO price for quite some time, Sierra Madre Gold & Silver (SM.V)."
That would seem to explain the rally on Friday. 
If you Google Sierra Madre and Sierra Madre you can get the article they put out last year which is quite informative.
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