Why Silver Went down When It Should Have Gone Up
Two weeks ago, it looked to me like silver was about to take off, following months of sharp price declines, yet we experienced the worst selloff in a couple of years. Most puzzling was the cause of the sharp price declines. It didn’t appear to reside in COMEX futures positioning. It was something else entirely. […]
Guanajuato Silver Draws US$5,000,000 Credit Facility
Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR)(OTCQX:GSVRF) is pleased to report that in conjunction with its recent acquisition of Minera Mexicana El Rosario S.A. de C.V. (“MMR“) from Great Panther Mining Limited, the Company has closed a US$5M concentrate pre-payment facility (the “OP Facility“) with Ocean Partners UK Limited, a metals off-take and […]