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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 Sep 01, 2022 5:08pm
182 Views
Post# 34936650

RE:RE:RE:Price

RE:RE:RE:PriceZinc is lower for sure but has been lower. Spot was trading at $1.38-$1.40/lb back in June/July compared to today's price of $1.51. This is turning into a "waterfall" technical mov't. Hard to know where this will stop and reverse (bounce) but I can guarantee you that it will overshoot to the downside, waterfall movt's in sp like this almost always do. One could argue that were already there (?) They often bounce pretty good and then there's profit taking for a while from the contrarians who bought near the bottom. 
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