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Silver Spruce Resources Inc SSEBF


Primary Symbol: V.SSE

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.


TSXV:SSE - Post by User

Comment by mmayeron Apr 13, 2023 2:21pm
165 Views
Post# 35393561

RE:What’s the interest

RE:What’s the interestDilution is a term that affects current shareholders and agreed the last PP was massive dilution.  To new investors, it's not dilution. It's a decision about share price, share structure, company valuation and possible future value.

I entered after the PP knowing the above information and made a risk call. Having said that, I play the odds by investing in multiple companies. Some will hit, others won't.  

SSE has properties and short term cash in hand. Up to new investors/speculators to decide what's the interest.
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