Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s): GSVRF

Metals & Mining Industrial Metals & Minerals

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

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Guanajuato Silver Company Ltd > More From EpResearch

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Post by ErinBrockovich on Oct 02, 2024 7:39am

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Silver above 30 dollars means GSVR will have excess cash

@EpsteinResearch CEO James Anderson has done an excellent job stewarding this company from zero ounces to (hopefully) around 4.25M Ag Eq. ounces in CY 2025. There have been MANY minor setbacks along the way, some of which perhaps a bit more than minor. But the heavy lifting is behind them. As long as silver is $30/oz. or more, this company can't help but generate a lot of cash flow next year. I can't imagine GSVR not ending next year with more cash than debt, which is a sea change for the Company. I'm amazed that CEO Anderson can still find attractive acquisitions nearby his mines and mills, but he thinks he can. Endeavour's Bolaitos mine produces 2.4M Ag Eq. ounces per year, James could possibly acquire that. At the right price, that could be a nice acquisition. There are other opportunities as well.

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