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Bullboard - Stock Discussion Forum 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... see more

TSXV:GSVR - Post Discussion

Guanajuato Silver Company Ltd > Financials Much Improved
View:
Post by ErinBrockovich on Aug 29, 2024 7:57am

Financials Much Improved

2nd quarter this year is an important milestone. Big improvements. The next two quarters will only be better.
Comment by greendayyyy on Aug 29, 2024 9:23am
Quarter in line with expectations. Another quarter with a net loss of $2.7 million and an AISC of $25.55 are on the negative side. We need to cut production costs and start making money in the coming quarters. An interesting quarter, but nothing more.
Comment by ErinBrockovich on Aug 30, 2024 8:07am
Agreed. Capital costs to improve Topia were on the books for q2. This is why numbers were not quite as high. Coming quarters will be better. 
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