Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd GSVRF

Primary Symbol: V.GSVR

Metals & Mining Industrial Metals & Minerals

Guanajuato Silver Company Ltd. is a Canada-based precious metals producer engaged in reactivating past producing silver and gold mines in central Mexico. The Company produces silver and gold concentrates from the El Cubo Mines Complex (El Cubo), Valenciana Mines Complex (VMC), and the San Ignacio mine (San Ignacio); all three mines are located within the state of Guanajuato. Additionally, the... see more

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Guanajuato Silver Company Ltd > AISC Impact

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Post by ErinBrockovich on May 28, 2023 7:07am

AISC Impact

AISC up slightly because of capital expenditures to improve infrastructure and equipment. Rome was not built in a day. Trust James to continue to reduce costs and improve operations.

I am happy to hold this. Gold and silver prices continue to be aligned with the company and its mission

@bedrag thats 2 Quarters in a row where AISC has gone up, after it moving down consistently for several Qs before that. It was offset by higher silver and gold prices but we need to see that trend change a little bit in order to really narrow the quarterly loss and even turn to profitability over the next few Qs. Interesting to see if some of the infrastructure upgrades they talked about can help drive results next Quarter. Overall, on track, but looking for that spark to get the stock price moving.