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Bullboard - Stock Discussion Forum 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... see more

TSXV:GSVR - Post Discussion

Guanajuato Silver Company Ltd > It’s About the Milling Capacity.
View:
Post by ErinBrockovich on Dec 18, 2020 1:13pm

It’s About the Milling Capacity.

Vangold bought El Cubo for the milling capacity. The mine itself was closed because grades got low and could not be replaced. Perhaps VGLD will explore a bit more and find some silver and gold. Also possible at higher prices for gold and silver it might be economical again. 


But, well, it's about the mill. 

https://www.miningmagazine.com/life-cycle-end-of-life-management/news/1376305/el-cubo-mined-out-set-to-close

Comment by RuudinFrance on Dec 18, 2020 1:32pm
Would that than be $13 million for the mill +assorted equipment (little), some tailings disposal. Plus interest/knowledge/clout/experience of a midstream operator in the area? Let's see what James comes up with in the forthcoming PR. Have fun.
Comment by ErinBrockovich on Dec 18, 2020 1:46pm
Yes, all of the above. Expertise, milling capacity, equipment and partner who knows how to execute. They have much to gain with working with Endeavor. What an interesting move. If silver holds above 20 bucks we could really have something here. 
Comment by severeanalysts on Dec 20, 2020 5:37pm
Hi everyone All ready to see a buck by eo Tuesday, maybe Wednesday.Will open in the 60s at least, just talked to 3 of our traders, 2 have researched it and called all parties over the weekend. PI, CANACCORD BOTH TO BE BIG APPARENTY, ALSO ECHELON. Enjoy the ride eh SEV GROUP Toronto Ontarioooooooo
Comment by endeavour on Dec 21, 2020 1:47am
apparently the stock could be halted for the next 2 weeks. Some talk of this on Twitter but not sure how accurate.
Comment by severeanalysts on Dec 21, 2020 6:36am
GIVE ANDSURSON A CALL, 2 WEEKS NOT NECESSARY, THE 1ST 500,000 US HAS BEEN PAYED TO THE VERY GREEDY CEO OF EDR, BRAD COOKE HA
Comment by endeavour on Dec 29, 2020 11:06pm
I suggested 2 weeks for the halt. That will be 9 days gone by when the markets open tomorrow, so looking like 2 weeks was a good estimate, possibly a little longer even. Excited to see this back trading in the new year, should be a great 2021!
Comment by Goldred on Dec 30, 2020 6:45pm
Once the stock resumes trading, presumably next week, it's going to be very interesting to see how this stock trades....I will be shocked not to see this stock moving aggressively to the upside.
Comment by ErinBrockovich on Dec 30, 2020 7:02pm
Bid and ask are at 0.34 for starters. No shock here. 
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