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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 > Peso At 18, Good For GSVR
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Post by ErinBrockovich on Oct 04, 2023 8:01am

Peso At 18, Good For GSVR

@OroBlanco Peso has been strong for several months but it’s Loosing it’s luster. Was at 15-1 now it’s close to 18-1. Strong peso does hurt mining companies whose cost bases % is high peso denominated . Gsvr is in 70% range ; others vary with more % and some less. At least this is moving in mining companies advantage. All else is a different story
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