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 Nov 26, 2024 7:18am

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Post# 36330629

Debt Discussion 2.0

 		an. .... ... There is many ways one could interpret that statement., but the way you make it come across is as if DEC , year 2026 is ONLY date. I would have to disagree; with James's background in financings I don't think this could not be paid before. And I'm sure the lender would love to be paid before. This would be a good question to ask JJ shareholder relations. OR read the contract. @RAW411 
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 		24 Nov 2024, 21:07

 				 
@littleowlOoops, typo, good catch @Mdoc, although I think they could exceed that 6 million from additional new higher grade feed with ore sorters at pinguico and Horcon.
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 		25 Nov 2024, 03:28

 				 
@BeermoochGetting close to the reload price ...
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 		25 Nov 2024, 12:00

 				 
@RAW411@oroBlanco I stand corrected, in that The Company has the option to repay all or part of the Expanded Facility at any time with 30 days' notice and the payment of a fee of 3.0% of the Expanded Facility Amount repaid. I don't think that the lender, Ocean Partners, is interested in getting paid out early,as the deal was based on the price of gold back on November 29, 2023 @ $2,046.95 USD. It is currently 29% higher @ $2,651.00 USD. Ocean Partners took the risk if the price of gold was to go down, but reap the rewards if the gold price went up...as it has... 