Guanajuato Silver Company Ltd V.GSVR

GSVR Debt - Here Are The Facts

[ErinBrockovich]

Debt likely paid off by the end of the year. Silver doing fine. Still above 20 dollars. Could slip to 19, but not for long. FED is a big factor here. But rate hikes will be small moving forward. And a long pause is expected.

This is where silver, gold, copper and lithium will find upside. Be patient. I am invested in all 4. I expect silver to trade between 25 and 30 dollars once we see a rate hike pause this year  
 

Debt Is Manageable. GSVR Is Paying It

From CEO boards... on At the end of sept, 2022 there was $13 million in outstanding loans, and there would be another $2 million contingency payment due to GPR if GSVR produces over 2.5 million oz from the GPR assets as well as silver spot price exceeding targets of $27.50 and $30. So, total outstanding loans and contingency payments amount to about $15 million. Obviously production annual total expenses will go up along with a doubling of production, but it is possible the company could be debt free by end of 2023 (not just pay down debt, eliminate debt)

[NorthernHusky]

Thank you for this Erin!

[ErinBrockovich]

You are welcomed. I strongly suggest you take a look at the posts on CEO boards. It's a cleaner board. And much more informative.