Great interview with Arturo Préstamo (CEO of Santacruz Silver) on Crux Investor. Here are my key takeaways:
• TSX Uplist Imminent: The move to the TSX Mainboard is expected within weeks. This is a massive liquidity catalyst, as it finally allows large institutional funds to legally buy the stock.
•Share Buyback Planned: Following the uplisting, management plans to launch a share buyback program. With a rock-solid cash position, they have the firepower to buy back up to 10% of the entire company.
• Insulated from Bolivian Protests: Operations remain largely unaffected by recent political noise. SCZ is heavily reliant on rail transport (not roads) and holds deep stockpiles of essential materials directly at the mines.
• Bolívar Dewatering on Track: The flood recovery is moving exactly as planned. Reaching the deeper, high-grade zones by Q4 will significantly boost production volumes.
• Aggressive Silver Focus: Management is actively executing plans to expand the proportion of FCF that comes directly from silver.
Bottom Line: When you combine these operational milestones and an upcoming buyback program with the insider purchase, the setup here looks incredibly bullish. The fundamental cash-generation capability is completely disconnected from the current valuation.
Link to the interview:
youtu.be/V2-lG55Z0JQ?is=ZvOK…
Link to my report on the company:
open.substack.com/pub/gpcapi…
@SantacruzSilver $SCZM $SCZ.V $SCZ.NE