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Silver Storm Mining Ltd V.SVRS

Alternate Symbol(s):  SVRSF

Metals & Mining Silver
Silver Storm Mining Ltd. is a Canada-based company, which holds advanced-stage silver projects located in Durango, Mexico. The Company's projects include La Parrilla Project and San Diego Property. The La Parrilla Project is located in Durango State, Mexico, approximately 76 kilometers (km) southeast of Durango's capital and comprises 41 contiguous mining concessions in good standing, covering 69,478 hectares. La Parrilla Project hosts significant in-place infrastructure, including a 2,000 tons per day (tpd) processing facility and five underground mines. La Parrilla Project hosts five underground mines surrounding the mill, including Rosarios, La Rosa, San Jose, Quebradillas and San Marcos, and the Quebradillas open pit. The San Diego Property, which covers 92 hectares, is located 75 km southwest of the city of Torreon, four km ENE of Golden Mineral’s San Juana Mine and 13 km NE of Penoles’ Santa Maria Mine in NE Durango State, Mexico.


TSXV:SVRS - Post by User

Silver Storm Mining Ltd > I'm in!
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Comment by ValueProon Aug 19, 2024 5:01pm
78 Views
Post# 36186712

RE:RE:RE:RE:I'm in!

RE:RE:RE:RE:I'm in!As of today, I am down about 50 percent on this issue because a Socialist was elected president of Mexico. The market is behaving as if she were an elected dictator. This is not the case. After she takes office, assuming she tries to nationalize mines there, she must convince the legislature to support the move. I don't see this as likely.

Mexico has been sending mixed signals on government operating businesses.  Meanwhile, stock prices of private mining companies suffer.

.https://apnews.com/article/mexico-energy-climate-change-lopez-obrador-claudia-sheinbaum-058347fcf1ea90544d536ccdaf2364a2

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