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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 Franschoekon Dec 28, 2023 11:17am
117 Views
Post# 35802658

Transition to profitability

Transition to profitabilityIs probably the biggest source of re-rate for a company's stock price(assuming it's perceived as sustainable).  The ombination of improving recoveries, higher grades, and a better cost structure at Topia along with what looks like a fundamental reset of the silver price should float the boat.  The only unsettling issue for me is the relationship with OCIM.  I don't understand it, the terms lack transparency for me.  Maybe you can enlighten me Erin?  I love this team, I've met them, and the operations seem technically solid.
Frans
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