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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 05, 2024 9:40am
76 Views
Post# 36209627

Stars Coming Alignment For GSVR

Stars Coming Alignment For GSVR

Silver up. And likely higher as we approach years end

Peso weak. Production costs down. 

HODL my GSVR shares. 

@lokhor The USDMXN just hit 20 https://tradingeconomics.com/mexico/currency for the first time in almost 2 years. This should provide a solid tailwind together with lower energy prices and improving production efficiencies. Imho this will show a bit in Q3 but Q4 and Q1 2025 is where we will really see if they can make bank.

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