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Alasdair Macleod: Gold bears squaring their books
By Alasdair Macleod
GoldMoney, Toronto
Thursday, November 22, 2024
Gold and silver diverged this week, with gold rallying strongly following the previous week's fall.
Silver's recovery was more hesitant. In Asian trading overnight, gold was $2670, up $108 from the previous Friday’s close, and silver $30.80, up 58 cents on the same timescale.
Turnover in both futures contracts on Comex was good but not spectacular. ...
... For the remainder of the analysis:
https://www.goldmoney.com/research/gold-bears-squaring-the-books
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Guanajuato Silver Drills 3.19 meters of 492 g/t silver equivalent at Valenciana Mines Complex
Company Announcement
Wednesday, November 20, 2024
Guanajuato Silver Company Ltd. (TSXV:GSVR, OTCQX:GSVRF), a growing Mexican-based precious metals producer, is pleased to provide an update on its 2024 exploration drilling program at the Valenciana Mines Complex in Guanajuato, Mexico. The company anticipates providing exploration highlights from its El Pinguico Project and San Ignacio mine located in Guanajuato, Mexico, and its Horcon Project in Jalisco, Mexico, prior to year-end.
James Anderson, chairman and CEO, said: "Our exploration programs continue to align with our production goals as we look to use our exploration successes to support our mid to long-term production growth. The district scale potential of the substantial Veta Madre system in Guanajuato remains the focus of our efforts. We are privileged to have the opportunity to run advanced exploration programs within the heart of one of Mexico's richest silver mining camps." ...
... For the remainder of the announcement:
https://www.gsilver.com/news/2024/949-uanajuatoilverrills319mof492gtgqatalencia20241120
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