All right folks, it’s time to raise the red flag here and highlight a seemingly growing problem.
Small scale producers, particularly in silver, have a costing problem. At least in the third quarter.
We saw it with Aya Gold and Silver, Guanajuato Silver, Mako Mining, and now, Santacruz Silver (TSXV: SCZ), whom is the latest small scale producer to publish their third quarter financial results. Shareholders appear to be lenient on the matter, but that’s besides the point.
Lets dive in.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
