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Gatos Silver Ord Shs GATO

Alternate Symbol(s):  T.GATO

Gatos Silver, Inc. is a Canada-based silver dominant exploration, development and production company that discovered a silver and zinc-rich mineral district in southern Chihuahua State, Mexico. The Company, as a 70% owner of the Los Gatos Joint Venture (LGJV), is focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV includes over 103,000 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The other 11 mineralized zones, with over 150 kilometers (kms) of outcropping quartz and calcite veins, have at least one mineralization intercept. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Chihuahua.


NYSE:GATO - Post by User

Comment by touaregon Jan 27, 2022 3:48am
286 Views
Post# 34365552

RE:Hey, where did everyone go? We know what happened to PPS.

RE:Hey, where did everyone go? We know what happened to PPS. I often get tempted to buy when i see this kind of event but experience has told me that in a case like this waiting for the dust to settle is the best strategy.. there are many things to take into account here.. one of those things is the reason I (thankfully) sold Gato a few weeks back.. that being that Mexico is no longer a safe jurisdiction for miners.. I sold this and FR and bought Alexco and am sure glad I did.. there is also the current big picture with markets correcting which may get worse.. silver getting smashed over and over by the criminals.. some kind of great reset on the cards with digital currency taking over.. dont get me wrong i am a silver lover and have been for 2 decades.. gold and silver are basically the only real currency and that will not change but all those years have taught me a thing or 2. Currently I don't see a V shape recovery here which could tempt me to buy.. I get a sense this will start to look like Fortuna and as was the case after the initial drop to $5 it still had another dollar to fall before the bottom.. of course there are times when fortune favours the brave and i wish you luck if you added or bought in but for me it's watch and wait and see what unfolds and to be honest I can't see me buying any mining co's in Mexico again unless there are some big changes in the government.

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