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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 ErinBrockovichon Dec 09, 2024 7:39pm
52 Views
Post# 36353800

Thoughts About GSVR and IGO

Thoughts About GSVR and IGO

Both companies have merit in a bull market for PMs.

These are early days. IGO is a drill bit story. It will move very fast should results impress the market. Hopefully they hit again. And then again. 

GSVR derisks as gold and silver move up. There is great potential for GSVR to become a mid cap silver miner. 0.80 cents could be close should silver go above 35 dollars for a sustained period. And the higher silver is for longer the higher the share price will go. Two dollars not out of the question 40 plus silver. 

I am invested in both GSVR and IGO. Both serve different purposes in my portfolio. I own many others as well. 

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