Post by
mrmomo on Jun 03, 2021 8:23am
Here cometh the marching band!
Well, from all the new faces on this BB lately, it looks like our poor ole Silver Sprout is finally garnering some traction & attention. Whether it's the good or bad kind remains too be seen. This is more than i can say for SSE mgmt though, who's been MIA on crucial issues and just remains content to put out superficial puff pieces to pump & promote their mediocre wares. Maybe one day they will wake up from their 20 year slumber! But i'm definitely NOT betting the farm they will nor holding my breath for dear life they do.
As i keep on harping here, PinO de Plata is the KEY. It's the reason i'm here and it's the ONE asset that will either brake or make the company after 20 years of wasted time doing absolutely nothing. Whether they see this or not, again remains too be seen. Like i said in the past and i know some here will not like what i will repeat, but had this company been based in a place like Ontario, BC or Alberta, Canada or even a foreign conutry like Australia or Britain instead of the dismal shores of Eastern Canada (where most of mgmt is from!) things could have been vastly different here.
Like i keep repeating, Eastern Canada (the great province of ON exluded of course lol) is NOT considered a bastion of intellect or competence and does NOT instill confidence from investors. Take from this what you will, but this is my experience from years of dealing with folks from all over the world. Just as you don't go to Africa to find brain surgeons, Eastern Canada isn't the best place for competent, successfull executives who produce meaningful resuts for s/h. It just aint. So why did i invest here in the first place? It's a gamble & a leap of faith really & nothing more. After Gogold successfull transition from a complete spec play on it's way to a somewhat stable junior miner, it gave me hope. Hope that even folks from Eastern Canada, if given the chance and under the right conidtions, including having the right mix of people and some luck, things could eventually work out. As long as you had a decent PRIMARY POTENTIAL asset to exploit of course....*cough.. Pino....cough*. As you all know, Gogold in based in the Maritimes and i suspect most of mgmt are still from there, though i haven't checked in quite some time.
Though things don't look good for Pino at the moment, i still have "some" hope left this asset could be recovered. But i really just believe HAD we had better people inplace at the company, this asset either would not have been lost in the first place or would have been recouped a long time ago. When Silver price begin their move, and they will....soon, you better be in the right spec plays with the right potential in order to profit from the sector's explosion. One wrong move on an investor's ill time or ill concieved decision, you be the difference in making a fortune or making NOTHING. So for me in the end and for this company, Pino is the ONLY way to go now. When that's gone, it will be time for me to look elsewhere for a potential & profitable investment.
Remember what i said folks, if the company CAN recover Pino and commence drlling activities (as the asset is already fully permitted in every respect so no time to wait for that) right away, the company's stock will immediately be rerated and probably trade at least 2X from current prices. Just soley based on that alone! And if Silver pirces begin to move towards $50 in the next few months, this thing could literally explode and be a potentially 20X investment as well as being a company maker for the folks at Silver Spruce. So s/h and mgmt have both much to gain and much to lose depending how this plays out. Hopefully, with the right decision making, under the right conditons/timing and lot of luck this works out great for everyone involved.
Good luck & God speed