Guanajuato Silver Company Ltd V.GSVR

Looking at the last financials

[gimmycash2]

I was considering investing here after all the pumping Erin does but finally I decided against it.too much overhead and cost to get the silver out of the ground ,8 mil cost to sell 6 mil of product .not viable ,and that cumulative debt of 58 mil with the going concern clause that the company is unsure it  will be able to raise enough capital by sales and capital raises to continue operations does raise some flags.so in the end the amount of silver in the ground doesn't matter ,if it costs you 1.25 to make $1.00 it's not a viable buisness.I pass on this Erin pump.

[motowngold]

All the syntergies of the new properties are just starting to kick in. Cash costs are dropping rapidly, while eoy 2023, production will be 4 times what it was for the better part of this past year. Look forward, it is not even the same company now. 

[ErinBrockovich]

James has made some great decisions of late. It was a smart move to payback the loan with silver ahead of schedule, while silver prices were lower. My only concern is they add too much capacity by aquiring too many mines too fast. They have a great asset base in place. Lets optimize before we add more mines. 

[yureja22]

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[LittleOwl]

You should listen to Larry Lepard on Real Vision Finance who is a first class fund manager and just put Guanajuato at the very top of his best buy list.  https://www.youtube.com/watch?v=ccmC4ZKPKLw