21:31:00 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Santacruz Silver Mining Ltd
Symbol SCZ
Shares Issued 103,493,484
Close 2014-04-16 C$ 0.86
Market Cap C$ 89,004,396
Recent Sedar Documents

Lundin says buy Santacruz Silver

2014-04-17 17:01 ET - In the News

Brien Lundin, in the April, 2014, edition of the Gold Newsletter, says buy Santacruz Silver Mining Ltd., recently 92 cents. Mr. Lundin said buy in August, 2013, at $1.25. Assuming a $1,000 investment for the buy, the position is now worth $736. Mr. Lundin says Santacruz has made significant upgrades to its producing Rosario mine in San Luis Potosi state, Mexico. The upgrades include underground development work and improvements to a plant. The company has also made plans to process third party ore using any excess capacity. In March, Santacruz raised over $12-million from a public offering of shares. It will use the proceeds to explore and develop its Felipe and Gavilanes projects, also in Mexico. Mr. Lundin says the additional cash should translate into a steady stream of news in the coming months. Santacruz is a buy.

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