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Guanajuato Silver Company Ltd GSVRF


Primary Symbol: V.GSVR

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 Jul 26, 2024 8:24am
93 Views
Post# 36149426

James Has Plans It Seems. This Company Is Going Places

James Has Plans It Seems. This Company Is Going Places

Let's see what James does in the coming two years. The precious metals landscape is likely 40 dollar silver. And 3000 K gold in two years. 

From CEO boards. What's next?

 

co to production + some Fresnillo asset, making GSVR a 10-12 mil. ounce producer within 36 months...Not sure what to think rn
1
 
@lexcon @goldbug58 its a preliminary shelf prospectus intended to give them sufficient room for financings over the next 25 months if needed. It does not mean they are planning a single $65 million financing offering. It does not even mean they will do any financings (they possibly will, but right now its just filing paperwork to allow one OR MORE offerings in the next 25 months.) For example, several months from now (or tomorrow) they might make an offering for say $10 million, then it gets upsized to $12---that is well below the $65 million max they are asking the regulators to approve. Then, maybe a year later or 18 months later they do another raise for another $10 million. The $65 million is neither a target or a one time placement amount, its just the maximum room they filed the paperwork for, in total, all offerings combined in the next 25 months.
3
 
@lexcon "At this time the company does not have any proposed acquisitions"
2
 
@littleowl I don't remember any company this size ever doing something like this. It's very unusual. But, then again, GSVR has always done very unusual and surprising things...
1
 
@Sinkpisser Weird that it’s in US $. I feel like something is coming. Hopefully it’s at much higher share price than now
2
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