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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 Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The Company conducts business through its four operating mines and three processing facilities.


TSXV:GSVR - Post by User

Comment by ErinBrockovichon May 28, 2023 7:57am
31 Views
Post# 35467722

RE:Silver at about 24$ average all of last quarter

RE:Silver at about 24$ average all of last quarter

Hyperbole is not going to bolster your thesis. Silver at 50 dollars is a possibility, but a far more achievable number is 30 dollars. High silver prices in the future are possible, yes, but not necessary for this company to be profitable. And the losses were closer to 9 million. Obviously you didn't read the financials. 

 

  • Net Loss narrowed to $8.7M from $9.9M in Q4 2022.
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