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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

Comment by stargazer1on Jan 07, 2011 1:02am
316 Views
Post# 17937059

RE: RE: IBC/VAN

RE: RE: IBC/VANI'm not exactly happy with the way things are going. VAN keeps sliding down in price and IBC seems to be stuck in place. Hopefully management knows what it is doing. It takes years to develop a property, especially one in some out of the way islands. But the islands are famous for their gold deposits. And we are working them up. Eventually the company will have enough drill results to know what we have and if the company can prove that they will be able to develop the property, then the price will start climbing. Probably a lot of distrust out there. But as I said in my other post, they do seem to have good properties. What we don't know for sure yet, is if they have good management. Without good management, good properties are worthless. IBC seems to be doing things right with their vertical  intergration. Beryllium looks like it is going to be a big player in the expanding nuclear power plant industry and as one of the few major players in the beryllium industry, in the coming years, the shares of IBC could really take off.
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