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Bullboard - Stock Discussion Forum 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... see more

TSXV:SCZ - Post Discussion

Santacruz Silver Mining Ltd > tremendously leveraged silver co
View:
Post by DowsingR0d on Feb 02, 2021 11:20am

tremendously leveraged silver co

Comment by tarnoir on Feb 02, 2021 12:11pm
A little 'bait and switch' to get us looking at IPT, eh? I own both, but feel SCZ has much more upside. Just look at the NR from 15 mins ago. These guys know how to mine. Just need to 'sow up' that property acquisition and then $1.00 SP is in the cards IMO.
Comment by Blazesb on Feb 02, 2021 3:29pm
Yes.  Not the 'good news' we expected when we went to bed last night but something much much better.  The silver price will take care of itself this year and next. The implied returns from the efficiencies demonstrated by the Q4 results more than justify the decision to invest 8 mil from the last cash raise into equipment upgrades. Absolutely great news.
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