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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 stargazer1on Sep 10, 2024 12:51pm
75 Views
Post# 36216876

My point is

My point isSeveral days ago someone asked why our stock was falling even though gold was climbing.
I pointed out that the company had received permission to issue hundreds of millions of shares of stock.
My point is that it doesn't matter what the company does with its approval to issue more stock. If gold and silver keep climbing, they may not issue any additional stock. Or they might issue millions. Who knows?
It doesn't matter what they end up doing.
People see it as a dilution ... even if it isn't.
You don't need to look any further than what is happening today.
Gold is climbing strongly and our stock is falling.
That is reality.
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