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Bullboard - Stock Discussion Forum Sierra Metals Inc SMTSF


Primary Symbol: T.SMT

Metals & Mining Industrial Metals & Minerals
Sierra Metals Inc. is a Canadian mining company focused on copper production with additional base and precious metals by-product credits at its Yauricocha Mine in Peru and Bolivar Mine in Mexico. Yauricocha is an underground mine located in the western central Peru in the Yauyos province, approximately 12 kilometers (km) west of the Continental Divide. The Yauricocha property covers 18,778... see more

TSX:SMT - Post Discussion

Sierra Metals Inc > What is driving this blast to higher levels?
View:
Post by AcadianWind on Jan 25, 2023 5:44am

What is driving this blast to higher levels?

Anyone following this stock? Why is this blasting higher? Is it because I buy more each week? Is so.. I'll keep buying..
Comment by BrokeStoker44 on Jan 25, 2023 9:24am
I've been following this stock for a few years. I think it's a combination of things: (1) the most obvious, the drastic increase in metal prices, particularly their top two copper and zinc; (2) the higher metal prices are improving their chances of avoiding bankruptcy... if you haven't been following they announced liquidity issues back in October due to a bunch of operational issues;  ...more  
Comment by AcadianWind on Jan 25, 2023 10:39am
Sounds like I'm buying more this week. I agree that the true value of the company is mega.. if we can make the next interest payment..
Comment by AcadianWind on Jan 25, 2023 11:20am
If they are short $20 to make the payment.. I'm sure someone will make it happen!!
Comment by AcadianWind on Feb 01, 2023 6:33pm
Last time I complain about the shares going higher!!  I guess they are on discount this week.. snap them up when you can..
Sierra Metals Inc
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