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Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

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 Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The Company conducts business through its four operating mines and three processing facilities.


TSXV:GSVR - Post by User

Post by ErinBrockovichon Nov 09, 2022 1:35pm
153 Views
Post# 35085894

Macro Situation is Slowly Changing...

Macro Situation is Slowly Changing...Its obvious from the recent price action for copper, gold, and silver, that China is huge factor that can't be ignored. One of my good friends recently returned from living there. He lived in country for about 5 years. The camps to contain people with covid, or suspected of having it, are no joke. He was put in one six months ago and detained for a couple of weeks. At the moment China is building tons more of these camps. Zero covid isn't working. And its hurting the economy. The recent increase in silver and copper prices are partially attributable to the expected reverse in covid policy. Which would be the sane thing to do. But China might not pivot until the Feb to March in 2023. Some are suggesting as much. When the FED stops rate increases and China pivots its covid policy silver and gold will explode upwares is my guess...   
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