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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 therookie87on Aug 30, 2024 11:03am
342 Views
Post# 36202820

So, here we are with GSVR @ .225 (the same price v.IGO)

So, here we are with GSVR @ .225 (the same price v.IGO)the question still remains in the back of my mind:  why is GSVR only @ .225 when it's a producer? My brain tells me that this is a good one to buy (since it's a producer) at this ridiculous price. Afterall, where can you find a producer that's below $1 let alon $10!!  But, my gut tells me there there's something wrong here. Why has it been trading down when it's a producer?  Remember, you can't fight the gov't so in GSVR's case, it's the Mexican gov't with their relationship with the Us and Cdn. For now, it's not good. 
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