I share here, something I shared with my peeps...
Wow, Guanajuato is really getting some attention now. When they basically stole those assets from a former mining darling, that I never reco'd for various reasons, Great Panther Resources that is in finanical trouble now, they changed their game. I had already owned some, but added a ton after this news. You can hear more in the vid from somebody else, the mining stock info starts around halfway thru.
In the mining expert's video below, he calls it one of his top 3 picks out of all mining stocks in existence. The other 2 top picks, I also really like fwiw. He also briefly talks about 7 other stocks, some of which I dont like, but he kind of explains the risk for some, like Silvercorp which is a great company by the numbers, but is in China, so off the list for me. Another, Aras, I have to re look into. It has a great potential gold property in Columbia, but has political risk, plus was being run previously by a bit of a scam artist, that I am sure must be gone??, but have to see who he was replaced by.
Anyways...
My little pick GRVSF, has really made some great strides this year. I first legged in I guess a couple years ago, but really added to my position of late. I did some napkin numbers on Guanauato, and will share below. Important fact, they were at 1.7 million equivalent silver ounces, and end of year will be at 3.0 million. I had thought they would be at 4.3 million end of next year, but now they are saying 6 million and down the road could be double that. This really adds to the bottom line!!
So my rough number, and this is not a crazy valuation or super conservative either, but something that I have found thru the years is fairly accurate as long as there are no other problems which miners can and do have of course, so a successful no problem year of production is needed, plus a fairly valued market, which now is very undervalued. I will spare you how I do it, so I just give the number.
So Guanajuato value right now per my system with the cost below plugged in, and a 3 million production level.
= 0.80 cents
at 6 mill per year which it should be at next year, and at a 12 dollar per ounce all in cost or AISC, this is what you get. It is now around 0.30 cents for the record, as you can see, this stock could easily be a 10x and that is in a calm, not crazy metal market valuation. In a crazy market as we have seen, you can double that number or more.
at 20 dollar silver, = 1.20 per share
at 30 dollar silver, = 2.70
at 40 dollar silver, = 4.20
at 50 dollar silver, = 5.70
at 100 dollar silver, = 13.20
at 500 dollar silver, = 75
ps , added short interview from GSVRF
https://twitter.com/peter_krauth/status/1593680819142410241?s=46&t=pzE6SIkkrhp3BIiRel13HA