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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 Lifexprton Jul 20, 2022 2:22pm
217 Views
Post# 34837879

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Growth

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Growth
greendayyyy wrote: The next goal for the company is to lower the all-inclusive production cost. At the current silver price, the Q2 results could be negative. I think this is the only weak link in the company. In the next few months money should be going up and certainly the cost of production should be going down which will turn in our favor pretty quickly. In any case, what the company has just achieved in a few months is beyond my expectations. 


Q2 results are phenomenal financially using average price of zinc over the quarter of $3800 per tonne and silver of $23. It will be a blowout with cash flow and revenues. Now Q3 (current quarter) aren't reported until November and we need metals to rebound for those outperform.
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