Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s): GSVRF

Metals & Mining Industrial Metals & Minerals

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

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Guanajuato Silver Company Ltd > James, Focus On Bringing Costs Down… and Get P Going

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Post by ErinBrockovich on Sep 11, 2023 1:02pm

James, Focus On Bringing Costs Down… and Get P Going

I'd like to see James work on getting El Pinguito up and running. And I'd prefer they do this over buying an additional asset, unless it's high grade, stranded, and very cheap.

@lexcon I've posted this before. After the mine shut down due to the revolution and the low price of silver that followed there were some investigations into El Pinguito over the years. In the 1940's there were a series of holes drilled and this is a partial list of the assays--note the assay is for the gold and silver values of each hole (not AgEq) and several of them have double digit gold values as well as between 1000 and 3000 grams/tonne (1.0 to 3.0 kg/tonne) silver values This is from an older Vangold document from around the time James took over as CEO