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Silver Spruce Resources Inc V.SSE

Alternate Symbol(s):  SSEBF

Silver Spruce Resources Inc. is a Canadian junior exploration company holding a 100% interest in the Melchett Lake Zn-Au-Ag project in northern Ontario and the Jackie Au project located 10 kilometers (km) northwest from Minera Alamos' Nicho deposit in Sonora, Mexico. The Company intends to own 100% interest in the Pino de Plata Ag project located 15 kilometers west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico. The 1,130-hectare Jackie Au-Ag property is a precious metal project located eight km west-southwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. Jackie is situated within the west-central portion of the Sierra Madre Occidental Volcanic Complex of northern Mexico. The Melchett Lake property is located within the English River Sub-province of the Archean-age Superior Province as part of the east-to-west-trending Melchett metasedimentary-metavolcanic belt.


TSXV:SSE - Post by User

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  • greendayyyyX
Post by greendayyyyon Jun 12, 2025 7:59am
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Post# 36606892

Reverse splits

Reverse splitsI'm not a big fan of reverse splits, but I think we'll have no choice but to do one here. SSE had proposed to consolidate its common shares on the basis of one post-consolidation common share for every fifteen pre-consolidation common shares issued and outstanding. With bids and offers hovering around 7 to 8 million a day, we have no chance of seeing the share price rise. In any case, for me it's money lost a long time ago, so we have nothing more to lose by trying this option.
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