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 Oct 03, 2024 11:51am

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Peso Weakness Helps GSVR

@OroBlanco Per James, in recent interview, " Since June, the Mexico peso has been devalued itself about 15 % which has helped the 60% expenses' in pesos." ....... This exchange rate move will play a positive role in the bottom line in present quarter. Claudia, the new President is in power now. The open pit banning hype (which Gsilver has NO open pits) is dying off. This too will have a positive sentiment to all Mexico based mining companies. All in all, things looking better today, than yesterday. @bedrag @littleowl @epsteinResearch

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