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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 Oct 06, 2023 8:14am
46 Views
Post# 35672671

A Small Pivot Brings GSVR Closer To Profitablility

A Small Pivot Brings GSVR Closer To ProfitablilityJames is perusing a slightly different strategy. Lower volume through the mill(s) and higher grades. This is prudent given the higher peso and silver price. Yes, silver is still doing quite well. 21 dollars is nothing to sneeze at. Many expect prices to be between 25 and 30 dollars between now and 2024. In such an environment the company can ramp up production to maximize profitability. 
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