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Bullboard - Stock Discussion Forum Summa Silver Corp V.SSVR

Alternate Symbol(s):  SSVRF

Summa Silver Corp. is a Canada-based junior mineral exploration company. The Company owns a 100% interest in the Hughes project located in central Nevada and in the Mogollon project located in southwestern New Mexico. The Hughes Property is located within and adjacent to the town of Tonopah, Nevada, the County Seat of Nye County, in the west-central part of the State. The Property comprises... see more

TSXV:SSVR - Post Discussion

Summa Silver Corp > $SSVR DD
View:
Post by StockHawk1 on Jan 27, 2022 4:29pm

$SSVR DD

For those into undervalued silver exploration companies, Summa Silver ( $SSVR.V $SSVRF) is a company that has promising American assets while also being backed by prolific investors like Eric Sprott.


$SSVR's flagship project, the Huges Property is located in central Nevada and includes the high-grade past-producing Belmont Mine. Between 1903 and 1929 The Belmont Mine was a prolific silver-producing mine.


Eric Sprott owns 18% of $SSVR and although he is taking many plays, 18% ownership indicates that he has a lot of confidence in $SSRV. 


Additionally, Sprott is expected to buy even more of $SSRV in their current private placement which they just upgraded to $10M. 


More on the private placement and Sprott's involvement here: 

https://finance.yahoo.com/news/summa-silver-corp-announces-upsize-200700555.html

 
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