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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 ErinBrockovichon Aug 04, 2023 10:28am
70 Views
Post# 35573149

Mexican Peso Eases Further

Mexican Peso Eases FurtherPeso down another 1.5 percent. Take a look at a 5 year peso/usd chart. Clearly, peso has seen its day and is slowing trending down. This helps GSVR operations. Also, silver price is still showing strength. Sitting at 23.50ish. Silver futures are a little above 24 dollars right now. Profitability is around the corner for GSVR. Optimize, James. Find those efficiencies. 
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