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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 25, 2023 8:27am
80 Views
Post# 35604985

Agreed - Silver Bull is Alive and Well

Agreed - Silver Bull is Alive and WellCosts are coming down. And GSVR has the ways and means to become profitable. This is a buy and hold story. Risk on. Its silver. Silver approaching 30 bucks will drive us well above a dollar. Wait and see. @Sinkpisser Little snippet in the SEDAR, Cata ran at 20k tons per month, expected to reach full capacity 36k tons by year end. This will add 281,624 ageq per quarter based on its current 351k oz quarter. Too bad its taking so long and costing so much to get there. Need that silver bull market to kick in, prevent another financing next quarter
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