Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s): GSVRF

Metals & Mining Industrial Metals & Minerals

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.

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Guanajuato Silver Company Ltd

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Post by ErinBrockovichon Sep 10, 2024 5:04pm

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Post# 36217441

What will happen if a recession smacks us?

This isn't my first rodeo.

It’s likely we are already in a recession; market lags this sort of thing; meaning a recovery is coming.
likely we will see margin calls hit the broader market. This forces many to sell a wide range of stocks, including precious metals, in order to cover.
panic sets in and the market over corrects.
Gold and silver prices correct. Think silver back to 26 dollars. Gold back to 2300.
FED cuts and cuts again into 2025. Recovery start to kick in.
Rate cuts make gold and silver attractive and money flows back in.
Inflation drives gold and silver prices up. Debt government hangover has no easy cure.
Silver and gold outperform