InvestorsHub Logo
Followers 32
Posts 1188
Boards Moderated 0
Alias Born 04/09/2018

Re: Mephisto Berserk post# 26

Thursday, 02/03/2022 2:39:29 PM

Thursday, February 03, 2022 2:39:29 PM

Post# of 43
And this just hit the news earlier today
https://stockhouse.com/news/press-releases/2022/02/03/santacruz-silver-produces-3-2-million-silver-equivalent-ounces-in-2021

The real takeaway in the PR is that the Glencore acquisition is about to be completed. Then, you're really going to see some amazing production increases from those two former Glencore properties. Glencore ran them for the zinc-lead; Santacruz will re-optimise the recovery circuits for the silver. The zinc-lead will still be there, but they'll probably account for them as by-product credits, and focus on the silver.


"Luck" is when preparation meets opportunity. So, don't curse your "luck" because you weren't prepared when the opportunity appeared.