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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 ErinBrockovichon Sep 02, 2024 2:13pm
519 Views
Post# 36205304

Next Couple Of Quarters Are Going To Really Significant

Next Couple Of Quarters Are Going To Really Significant
GSVR ready and able to take advantage of silver prices going up. There is a good chance that silver will hit 50 bucks by mid 2025. Rate cuts are coming. 

 

- peso weakness, now at 19.65ish. GSVR mines silver and gold in Mexico. So, labour costs go down significantly as the currency weakens. 

- FED rate cuts will drive silver and gold up. First cut is in Sept. Two more cuts likely this year. 

- silver is in deficit. Demand from India and China keep prices high. Shanghai offers a 10 percent premium which means the metal wiill flow east. This is both from an investment and industrial demand perspective. 

- geographical tensions remain high. Numerous flash points - Ukraine, Middle East

- G silver intends to ramp up production further. Also, various plant improvements are expected to come online

- silver and gold will continue to make new highs. There are many reason for this. Moves will be sudden. And unpredictable

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