Guanajuato Silver Company Ltd V.GSVR

Very Well Said

[ErinBrockovich]

And I happen to love eggs. 

@littleowl Joking apart @Kenz @Sinkpisser @bedrag et al, you have to break some eggs to make an omelette. 4 years ago in December 2021 we were at 20 cents and that 20 cents represented a share of a hole in the ground because that is all that Pinguico was at the time but with a lot of enthusiasm. Today that same 20 cents represents a share in 6 mines and 3 production facilities that have a replacement cost of $400-$500 million in USD. So that's like a value of about US$1 per share or CAD$1.35 give or take. But all the hype and enthusiasm are all gone. Well, you know what they say about people who know the price of everything and the value of nothing. This is where we are today. And,, the way if you look back you should have noticed that Q3 is always the lowest quarter of the year. Note however that the Silver price is now $10 higher than 4 years ago, and as @Mdoc pointed out under the surface things are changing and moving towards the stated goal of achieving maximum potential of a combined production of almost 100 thousand tonnes per month with a an AISC per ounce well below $20. So that's like 12 million AgEq ounces per year(!) and maybe less than a couple of years away. In less than 30 days Topia will be able to increase production by about 15% (on its way to 60%), El Cubo dewatering and electrification will be done ready to start increasing volumes, the ore sorter will be fully commissioned at San Ignacio, the extended maintenance will be finished, and El Pinguico will be ramping production right after all that, followed by El Horcon. You get all this for a mere 20 cents so forgive me if I won't mind breaking a few more eggs to make that phenomenal omelette!