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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 ErinBrockovichon Nov 09, 2023 10:34am
50 Views
Post# 35725998

RE:Anybody venture to guess

RE:Anybody venture to guess

James has changed his approach to mining. He's focused on AISC and becoming profitable. Lots of factors worth consideration. With silver at 23 dollars, inflation cooling, and the peso at 17.50, all inputs, result in a profit or loss. The company recently spent money on improving efficiency, which it will reap the benefit of in future quarters. Additional outlays to improve efficiencies have slowed. 

It's possible they will raise more cash. Of course. But it's very likely the financial picture will improve as GSVR focuses on operational improvements. Obviously, the picture changes if silver prices 25 to 30 dollars. 

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