This Is Why GSVR is Good To OwnI like the leverage to silver price.
Silver above 30 dollars means GSVR will have excess cash
@EpsteinResearch CEO James Anderson has done an excellent job stewarding this company from zero ounces to (hopefully) around 4.25M Ag Eq. ounces in CY 2025. There have been MANY minor setbacks along the way, some of which perhaps a bit more than minor. But the heavy lifting is behind them. As long as silver is $30/oz. or more, this company can't help but generate a lot of cash flow next year. I can't imagine GSVR not ending next year with more cash than debt, which is a sea change for the Company. I'm amazed that CEO Anderson can still find attractive acquisitions nearby his mines and mills, but he thinks he can. Endeavour's Bolaitos mine produces 2.4M Ag Eq. ounces per year, James could possibly acquire that. At the right price, that could be a nice acquisition. There are other opportunities as well.