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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 > GSVR Price Target???
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Post by ErinBrockovich on Sep 27, 2023 7:20am

GSVR Price Target???

Given the economic picture at the moment, with a stronger peso, silver around 23 dollars, analysts covering GSVR have set a price target of 0.50 by mid 2024. This prediction assumes silver and the peso do not change. 

If we do see stagflation brought about by FED policy, silver will be very volatile, and then make strong moves upwards. Many expect silver to be between 25 and 30 dollars in 2024. The peso is expected to continue weakening. I won't speculate beyond 18 dollars, for now. The same for 30 plus dollar silver. 

So, what's the price target for GSVR when silver is 25, 27, 30 dollars? Very likely GSVR will be a lean company by early 2024. Price targets between 0.60 and 0.85+ could be conservative. 

Upside from a 0.26 is a minimum 100% by early 2024. And even higher if silver performs well. Again, this is a great entry point.

Comment by ErinBrockovich on Sep 27, 2023 7:33am
Buy GSVR. 
Comment by ErinBrockovich on Sep 28, 2023 8:10am
If silver was at 30 dollars and the peso was unchanged, what would the stock price be at. I'm thinking close to one dollar.