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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

Comment by ErinBrockovichon Dec 13, 2024 12:12pm
34 Views
Post# 36361190

RE:I mean GSVR and guys ...can't spell anymore

RE:I mean GSVR and guys ...can't spell anymoreHi silver. The main difference is GSVR has some debt. GSVR has an agreement to pay it back in gold. Those payments should be completed some time near the end of 2025. I think it's about 1/5 of the gold they produce that ends up in the pocket of the lender.  I like GGD as well. Held it for a few years. Sold it because I don't like the open pit as a mining approach for Mexico. 
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