Replies to post #26 on Santacruz Silver Mining Ltd (SCZMF)

[scaryharrysafari]

Yeah, they're quietly putting together a Silver Superstar here. Very experienced management, this isn't their first rodeo. PM's are about to break out from the long consolidation since Aug '20. Anything with "silver" in its name is going to get hotter than the Lone Ranger's pistol.

[scaryharrysafari]

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.