Bullboard - Stock Discussion Forum Summa Silver Corp V.SSVR

Alternate Symbol(s): SSVRF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:SSVR - Post Discussion

Summa Silver Corp > $SSVR private placement

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Post by StockHawk1 on Feb 02, 2022 3:14pm

$SSVR private placement

Summa Silver ( $SSVR.V $SSVRF) is in the green again today.

The small-cap silver exploration company has promising American assets. This includes $SSVR's flagship project, the Huges Property. Located in central Nevada, this property includes the past-producing high-grade Belmont Mine which was a prolific silver-producing mine between 1903 and 1929.

Recently, $SSVR's announced that their private placement has been upgraded to $10M. This bodes very well for the company as it will supply them with the cash needed to explore the Huges Property and the Belmont Mine.

The prolific gold investor Eric Sprott already owns 18% of $SSVR and acquire even more in the company's latest private placement → https://finance.yahoo.com/news/summa-silver-corp-announces-upsize-200700555.html

Currently, $SSVR is trading at $0.97, MC is 61.871M