Guanajuato Silver Company Ltd V.GSVR

Analyst Coverage Increasing for GSVR

[ErinBrockovich]

Price targets from 0.80s to 1.10 and change. 


@bedrag In the news today...The Globe and Mail reports in its Friday, April 21, edition that Echelon Partners analyst Gabriel Gonzalez rates Guanajuato Silver "speculative buy" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gonzalez set a share target of 85 cents. Analysts on average target the shares at $1.08. Mr. Gonzalez says Guanajuato is "building opportunity in a premier mining district" of Mexico. Mr. Gonzalez says in a note: "Guanajuato Silver was established with the goal of consolidating fragmented and overbuilt operations in Mexico's eponymous premier historic mining district, and is rapidly turning into a 6.0Moz/year-silver equivalent producer. With an experienced team that includes many of the same people that built First Majestic Silver, Guanajuato Silver is executing on opportunities overlooked by past operators to expand the lives of the operations it has acquired and establish itself as the district's leading producer."

[ErinBrockovich]

Good targets to aim for. Patience will be rewarded. 

[ErinBrockovich]

Higher silver prices for longer will increase profit margins. Fed will stop raising rates soon to avoid crashing more banks.