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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 Jan 02, 2023 6:20pm
422 Views
Post# 35199884

Completely Changed Company--Investment Thesis Intact

Completely Changed Company--Investment Thesis IntactI loaded up in the autumn of 2020.  I saw inflation coming and an inevitable flight to precious metals which historically have always held their value in such times.  Further, i thought then, and still do now, that silver had an industrial 'kicker' which augmented its precious metal value.

My share price prediction was .50 to $1.00 by year end 2021, $1 to $2 by year end 2022, and much higher in 2023.

Other than inflation none of this has happened.  And in the mean time SCZ has been utterly transformed. Its hard to imagine it without the three new mines.

I'm happily holding long here--proven wrong about the share price moves--with more conviction than ever that SCZ shareholders will soon be rewarded.

I just won't make any share price predictions...

Cheers.




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