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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 > Peso Weakness Helps GSVR
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Post by ErinBrockovich on Oct 03, 2024 11:51am

Peso Weakness Helps GSVR

@OroBlanco Per James, in recent interview, " Since June, the Mexico peso has been devalued itself about 15 % which has helped the 60% expenses' in pesos." ....... This exchange rate move will play a positive role in the bottom line in present quarter. Claudia, the new President is in power now. The open pit banning hype (which Gsilver has NO open pits) is dying off. This too will have a positive sentiment to all Mexico based mining companies. All in all, things looking better today, than yesterday. @bedrag @littleowl @epsteinResearch
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