Guanajuato Silver – Outlook On Gold And Silver, And How Political Developments In Mexico Are Impacting The Mining Sector
James Anderson, CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins us for a higher-level discussion on his macro outlook for both gold and silver, and how recent price trends will influence the mining equities. Additionally we also review how political developments within the new administration in Mexico are impacting the mining sector in this jurisdiction. We often talk with James about these topics “off-mic” and thought it would be engaging for listeners here if we recorded a conversation “on-mic” on some of these key areas that are on investors minds with regards to precious metals stocks.
Guanajuato Silver produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mining centers are located within the state of Guanajuato, which has an established 480-year mining history. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The operations team is also augmenting material at the Cata processing facility in Guanajuato with ore from both the historic Horcon Mine project, located in the state of Jalisco, and from stockpiles at the Pinguico mine. This effectively means they are seeing production from 6 of their mines, even though only the 4 primary mines have active ongoing underground mining.
If you have any follow up questions for James on Guanajuato Silver, then please email us at either Shad@kereport.com or Fleck@kereport.com and we’ll get those addressed by management or covered in future interviews.
