Mississauga, ON -- (SBWIRE) -- 05/09/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Silver Spruce Resources Inc. (TSX-Venture:SSE) (OTC:SSEBF).
Stocks are still pushing on record highs, pushing traders deeper into equities and out of commodities. With that said, in this economic climate, it's not contrarian to add some safe haven commodities, namely gold and silver, to a portfolio; it's smart to be diversified. That can mean physical gold, large miners or small, developmental miners. One of the reasons that gold has slipped back to a three-week low this week is best exemplified by the VIX index holding near decade-long lows. The so-called market "fear index" around 10 simply means that investors don't see any great risks looming in the shadows. With that, safe haven assets have been knocked down, presenting an opportunity to pick them up at discounted rates.
Those looking for young miners with multiple properties may take notice of Silver Spruce Resources Inc. (TSX-Venture:SSE)(OTC:SSEBF). The Nova Scotia-based junior explorer is exploring the Kay Mine volcanogenic massive sulfide (VMS) project in Arizona, and the Pino De Plata and the Encino De Oro epithermal silver/ base metal/ gold projects in the prolific Sierra Madre Occidental region of western Chihuahua State in Mexico. Silver Spruce also has a portfolio of uranium and rare earth element properties in Labrador under its control.
VMS deposits are metal sulfide ore deposits formed on ancient seafloors characterized that are characterized by prolific copper and zinc mineralization. To understand the potential magnitude of a VMS deposit, consider Glencore's Kidd Mine in Timmins, Ontario, which is the deepest base metal mine in the world, reaching to a depth of 10,300 feet below surface.
A complete SSE profile can be viewed at: http://www.allpennystocks.com/SpotLight/8/silver-spruce-resources-inc-tsx-venturesse.htm
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