/biz/ - Business & Finance

>>24545944
idk what that was. don't wanna know. but weirdo posters should be permabanned

>>24307527
we're counting on you to make a good OP.
don't fuck it up

>>23490481
Sure. SSE is a microcap specialized in exploration, so they'll explore a property and develop projects from an early stage. SSE's main project Pino de Plata was drilling ready for a maiden drilling program until a local landowner made legal complications (he wanted a stake of the project or something, it's likely going to get ruled in SSE's favor but the legal stuff is taking its sweet time). Their geologist has estimated that the property could have 100Moz Ag in there but that's just speculation. They have only taken promising surface samples.
In the meantime, SSE has acquired a 50% stake in a totally unexplored property in Sonora, Mexico. They'll have to pay a few hundred thousand for that at least, and they haven't updated their financials since Q3 2019 (back then their current ratio was 46% and had negative total equity). Their current financial and project-related circumstances don't instill me with confidence, which is why I classify them as a super high-risk investment. On the other hand, if their (unannounced) financials are actually fine and their properties hold great amounts of resources, investors will get great returns.

You could consider looking into their JV partner for the new Jackie project as well as their other El Mezquite project, Colibri Resource. Colibri's financials are much more convincing and their systematic strategy favors investors. You won't get to speculate the Pino de Plata property if you invest into Colibri but other than that, they are like a better version of SSE.

>>23268716
hmm, looking at it again maybe I should upgrade it to high gain. Velardena low key thicc