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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

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Post by Lifexprt on May 12, 2022 11:09am

Q1 Results

Only 13 days attributed to Q1 from Bolivian assets. If you add up the consolidated Q1 production tonnage for silver/zinc/lead/copper and multiply by today's spot prices revenues for this Q are at $120M US. With full production accounted to Santa in Q2 you can expect such number as well if metal prices hold these levels. Zinc 23,000 tonnes at $3,600 US per tonne. Silver 1.5M ounces at $21 per ounce Lead 3,500 tonnes at $2,100 per tonne Copper 400 tonnes at $9,300 per tonne Q2 will be a blow out. This is going north once people realize these numbers.
Comment by francoisl13 on May 12, 2022 1:12pm
If you take the consolidated Q1 Ag equivalent and use 90 days of production for the new assets instead of 13 days it gives you a production of 4,296,296 tons of Ag equivalent....pretty impressive. Can't wait to see Q2 and a full QTr of production from all asets. GLTA
Comment by Lifexprt on May 13, 2022 11:24am
Indeed impressive. Value is getting rerated as we speak. I expect this to be in the vicinity of $1 by late summer once Q2 is released in August, barring any black Swan events on the macro level.
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