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Silver Mountain Resources Inc V.AGMR

Alternate Symbol(s):  AGMRF | V.AGMR.W.A

Silver Mountain Resources Inc. is a silver explorer and mine developer company. The Company is engaged in re-starting the production at the Reliquias underground mine and undertake exploration activities at its highly prospective silver camps at the Castrovirreyna Project (the Project) located in Huancavelica, Peru. The Company, through its subsidiary Sociedad Minera Reliquias S.A.C (AGMR Peru) owns a 2,000 tons per day (tpd) processing plant, an operating tailings dam, and over 41,000 hectares (ha) of mining concessions. The Company targets the acquisition of mining concessions for exploration, exploitation, extraction, and processing of various types of minerals with a special focus on precious metals. The Reliquias Block consists of over 20,000 hectares of highly prospective mineral concessions surrounding the Reliquias and Caudalosa mine. The Reliquias underground mine is located 10 km southwest (SW) from the existing processing plant.


TSXV:AGMR - Post by User

Comment by DaveINredwayon Oct 12, 2023 4:02pm
176 Views
Post# 35681205

RE:Silver future

RE:Silver future
Most all juniors are down @50% from their highs earllier this year.  Be patient or bail out, your choice.  This one in particular is down massive from 2023 high with very little opportunity to lighten up on 'rally' as it continues to sink.  Clayton picks them as well as anyone, but he is not in control of this market.
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