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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 > Some Thoughts
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Post by Blazesb on Aug 23, 2021 6:45am

Some Thoughts

There seems to be an emerging narrative out 'there'.  Gold/Silver will inevitably soar to all time highs on the back of a degraded dollar and the inflation that goes with it BUT before this can happen we must endure this current pain.

How long will this last?  How low will gold/silver go? Is the big selloff is just beginning?  Or is it nearly over?

I don't have a strong opinion either way.  However my belief in the long term bull market thesis is intact.  I still think SCZ finishes this year between .50 and $1.  Next year between $1 and $2.  2023 over $2.

We will see.  In the mean time hang in there everybody.

Cheers.
Comment by VoxContrary on Aug 23, 2021 10:05am
My instincts are in line with yours.  I see 3 things that will push us higher: 1. Higher metals prices 2. Continued solid execution to increase production and keep costs low, thus generating cash to plow back into the business. 3. Continued exploration and development, which could be a wild card. In the meantime, I am fighting the urge to buy more SCZ, and I'm buying coins and bars ...more  
Comment by Blazesb on Aug 23, 2021 9:21pm
Yes Vox.  Especially #2.  The company has quietly really put it's house in order.  Zimapam acquired, debt retired and ongoing exploration funded.  The ducks are all lined up. 
Comment by severeanalysts on Aug 31, 2021 6:09am
Well your thinking is pretty solid and we are with you and on the same page. Our small group of 12 investors, analysts and 4 reserchers and 1 P.Geo will all agraa and we own quite a bit of SCZ and IPT, bothe smaller Ag, with Au producers.  Both have really good and experienced mngt, But recently all w of the reaserchers came up with a gem and we would like to share it with you. Everyone ...more  
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