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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 EricSnotton Nov 26, 2023 11:01am
85 Views
Post# 35753359

Remember, mates....GSVR is facing a lot of challenges here..

Remember, mates....GSVR is facing a lot of challenges here..Mexico's NEW Mining REFORM law is the largest hurdle that GSVR is facing right now...tis is one of the big reasons why you won't be seeing the 40's let alone .33 anytime soon in 2023!!!

Safety is another issue that GSVR has yet to address....sad to see a miner lose his life over there due to safety concerns from GSVR!!

Huge debt load carried forward by GSVR is the other issue....again, why do you think GSVR has fallen from .74 to .28....SCARY KERRY for sure!!
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