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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

TSXV:GSVR - Post Discussion

Guanajuato Silver Company Ltd > Improved Q3 Financials.
View:
Post by ErinBrockovich on Nov 22, 2024 11:02am

Improved Q3 Financials.

AISC continues to drop. We are break even 25 to 28 dollar silver price. Modestly positive 28 to 30 dollars. Above 30 dollars we are in a profitable position. The main drag is the debt. 

Average silver price for Q4 is over 30 dollars. This should really put wind in the sails.

In 2025 silver will break out above 35 dollars - it could happen this year still, things are volatile.

Comment by ErinBrockovich on Nov 22, 2024 11:21am
Average gold price uptrend is solid Q3 to Q4. This will also help the bottom line. Q4 isn't far away. Ho ho. 
Guanajuato Silver Company Ltd
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