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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 nonrev321on Aug 12, 2004 6:48am
132 Views
Post# 7802445

Experience of a potential investor

Experience of a potential investorHey, Several weeks ago I e-mailed Van IR requesting info. This resulted in a flury of e-mails from IR encouraging me to buy. Truthfully it began to feel a little bit too much like a pump. I'm still watching whats going on but as far as buying this stock its on my back burner now. I believe it is BS about the satellite phone. I am in the Indian Ocean right now on a military contract (I'm a Radio/Electronics Officer). We have an Iridium phone that works worldwide. Its about as big as a a small brick. Thats all it is. I have also used one on the border of Costa Rica and Panama out in the deep jungle (where I go on vacation). These phones can be purchased for between $1200 - $1500 US$ and if used frequently cost a couple of hundred a month and thats with very frequent use. This company can't afford an Iridium phone? BS! Even in a pinch they should at least have an HF Radio where they could easily contact any shore station within 1000 miles and have a patch to the commercial phone system. If some one is saying they can't get communications in todays world its that they arn't trying... thanx nonrev
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