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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 LittleOwlon Dec 04, 2022 10:39pm
116 Views
Post# 35150043

RE:Gsvr

RE:GsvrI also added to GSVR and bought PGDC at 2 cents. Looks like the Silver price has taken off and $20 is history now. You may want to check out the posts of Dave "contrarian" Hunter and Chris Rutherglen who come up with the same targets from different methodologies: Gold to 3000 in 2023 and then a steep correction back to 2000 retesting the beakout and then launching back up towards $10,000 and possibly beyond. Silver will outperform Gold but is more tricky so I have developed 2 scenarios. Either we have a run to $50 once again and retrace back to around $30 before blasting off to at least $700 or even higher to equate the actual mining ratio of 7 or whatever it is at that time. Alternatively we may brakeout above $50 in 2023 towards $100 which will be very strong resistance and then retrace back to $50 testing the support before taking off to the ultimate target of Gold/Silver Ratio = Mining Ratio . I favor the second scenario but in either case both GSVR and PGDC wil fly. GLTA
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