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Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

Guanajuato Silver Company Ltd. is a precious metals producer engaged in reactivating the past producing silver and gold mines in central Mexico. It produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato. It produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. With four operating mines and three processing facilities, it is a growing silver producer in Mexico. El Cubo Mines Complex is a high-grade, epithermal-vein, underground precious metals mine. Topia mine is a silver-rich polymetallic mine. Its Cata processing facility has a capacity of 36,000 tons/month. Its El Horcon mining concessions cover 7,908 hectares comprising 17 contiguous mining concessions located over 60 kilometers to the northwest of the Valenciana Mines Complex in the state of Jalisco. Its EL Pinguico Mine is a high-grade silver producer.


TSXV:GSVR - Post by User

Post by meyejimon Jun 07, 2006 2:44pm
346 Views
Post# 10958450

Killam....

Killam....While I have to admit I sold out of VAN to buy more CLN (the operator) the fall in VAN baffles me. In fact CLN has announced that they plan two more wells at Killam which could obviously increase the value by up to 40% with the same flow rates on the new wells....that would suggest a value to VAN of almost a buck. THIS STOCK SHOULD BE DOING BETTER...and should have a double based on Killam alone....I think CLN will still triple so I'm sticking with it for now...but I may have to put some profits back into this if it remains undervalued.
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