Post by
ErinBrockovich on Sep 26, 2024 8:40am
Good ol peso
Mex peso stopped slipping. It has gained a bit of strength over the last few months. Now at 19.48, which is considerably better than where it was over the last two years. GSVR greatly benefits from the weakened peso at 19.48. 80 percent of costs are Mexican labour.
Comment by
Elgounakid on Sep 26, 2024 9:18am
What about the newsrelease! Lots of new shares creatief at a cheap price....that's why it never went up again the past month..... Any comments on this appreciate. Grtz Elg
Comment by
ErinBrockovich on Sep 26, 2024 10:22am
It's shares to pay for what is owed. Or they take from existing profits. Headwinds are all but gone. Now we enter a phase of tailwinds. I'm optimistic. The company os very well positioned to outperform many.