Guanajuato Silver Company Ltd V.GSVR

I mean GSVR and guys ...can't spell anymore

[silverT]

So it's crazy........GSVR is twice the company at 1/6th the SP of GGD

[ErinBrockovich]

Hi silver. The main difference is GSVR has some debt. GSVR has an agreement to pay it back in gold. Those payments should be completed some time near the end of 2025. I think it's about 1/5 of the gold they produce that ends up in the pocket of the lender.  I like GGD as well. Held it for a few years. Sold it because I don't like the open pit as a mining approach for Mexico. 

[silverT]

Thanks Erin I didn't know that , not that it changes anything . A youtuber tipped me off saying his friend bought it for pennys on the dollar when silver wasn't worth mining because prices were so low. I am also in a half dozen other PM plays

[ErinBrockovich]

Good luck to you. GSVR is highly leveraged to the price of silver. Silver between 30 and 32.50 is very good. The company can meet its debt obligations and generate decent revenue at this level.  I think further dilution is unlikely, unless they acquire more assets. Pinguico will be further utilized moving forward which makes things interesting. Should silver make it above 35 dollars