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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 > The ideal way to finance the acquisition
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Post by CountOfMeltedCrisco on Dec 11, 2021 10:50am

The ideal way to finance the acquisition

would be via a streaming of some of the current silver production to somebody such as Wheaton.
Comment by MacRellen on Dec 13, 2021 6:29pm
That would probably be a good option. Or maybe a zinc streaming deal? What worries me is the price action seen since trading resumed. Seems to me we often see similar trading in stocks just before a PP is announced - price declining followed by a PP at an "unreasonably" low price. Maybe at 20 cents with Palisades as a major participant? Hopefully, I'm wrong. After all a lot of ...more  
Comment by CountOfMeltedCrisco on Dec 14, 2021 3:22am
It's December;  it's Silly Season; the gloom surrounding the whole sector is so thick you could cut it with a knife.  Kinross just took out Great Bear and everyone went "So what?"  This is just like the bottom at $1050 gold in December of 2015.  Then came January, the PMs and the stocks took off on a tear that lasted to late July.