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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

Comment by ErinBrockovichon Nov 09, 2023 10:34am
33 Views
Post# 35725998

RE:Anybody venture to guess

RE:Anybody venture to guess

James has changed his approach to mining. He's focused on AISC and becoming profitable. Lots of factors worth consideration. With silver at 23 dollars, inflation cooling, and the peso at 17.50, all inputs, result in a profit or loss. The company recently spent money on improving efficiency, which it will reap the benefit of in future quarters. Additional outlays to improve efficiencies have slowed. 

It's possible they will raise more cash. Of course. But it's very likely the financial picture will improve as GSVR focuses on operational improvements. Obviously, the picture changes if silver prices 25 to 30 dollars. 

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