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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 greendayyyyon Dec 16, 2024 7:09am
60 Views
Post# 36363677

RE:RE:RE:Still have time to buy in....

RE:RE:RE:Still have time to buy in....
Why sell when SCZ has been very profitable for me for a long time. I've already mentioned here to buy low and sell above 0.40 and that's what I've been doing since January 2021. Don't forget that the bulk of production here comes from Zinc, not silver. Despite good production, the financial results don't match their production.  Do I think SCZ could be worth $1, certainly, but the market and investors are shunning the miners, and as long as this market is bearish, I don't see a big advance coming.
 
 
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