Update Report – July 12: Silver Spruce Resources Inc. (TSXV: SSE)

Written by: Bob Weir, B.Sc., B.Comm., CFA

July 12, 2019 Bob Weir Mining, Mining - Precious Metals, Silver Spruce Resources Inc.

In this Update Report, we comment on the Company’s activities at its Pino de Plata property in Mexico, and the sale of its Kay Mine in Arizona. We also include an analysis of the Company’s Q2/2019 financial results.

You can download a PDF our full report by clicking on the following link: SSE-071119-U

About Bob Weir 329 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).

Related Articles

Newmont-Transformative-Year
Analyst Articles

Newmont Continues to Monetize Non-Core Assets at Premium Valuations After Newcrest Acquisition

December 7, 2024 Chris Thompson Analyst Articles, Deals, Deals/IPOs/M&A, Mining, Mining - Base Metals, Mining - Battery Metals, Mining - Precious Metals

After Newmont acquired Newcrest, Newmont is reshaping its portfolio, selling non-core assets at significantly higher valuations. The 2024 divestiture program has raised $3.9 billion so far, exceeding its $2 billion target. Highlights include $909 per ounce of Reserves it received for Akyem from Zijin and $567 for Musselwhite from Orla, compared to $198 per ounce paid for the Newcrest’s Reserves. By focusing on Tier 1 gold and copper assets, Newmont is positioning itself for sustained growth and enhanced shareholder returns. [more]