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 > Mining in Mexico is now becoming tougher...GSVR is now

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Post by EricSnott on Jun 16, 2023 11:29am

Mining in Mexico is now becoming tougher...GSVR is now

facing a lot barriers that they'll need to work on....this takes time and time is money!!!

.335 is in the works for sure... .28 next week...could be a possible price!!!!

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Comment by TomWicken on Jun 16, 2023 11:31am

peso all u need to watch they are cooked labor costs thru roof on mine that cant make $ even at $24

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Comment by ErinBrockovich on Jun 16, 2023 1:12pm

The peso increase is not suprising. Many invested in Mexican mining companies are aware. And it's likely to taper off. BTW, CAN dollar will head up. Once CA central bank raises rates to keep up with the FED. This will dampen the exchange between currencies. And bolster USD. Mexican economists expect the peso to weaken to 19.13 by year-end, a survey by the central bank showed ...more

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