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Guanajuato Silver

Silver producer, with a project stated to be in Guanajuato district.

producer silver
Jun 2026Covered
5 of 10Topics on record
1 executiveNamed on the record
Stage
Producer
Primary commodity
Silver
Jurisdiction
Guanajuato district
Deposit
five mines in Mexico
Latest appearance
24 Jun 2026
On record
1 interview · 7 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

Capital needed
50 million US dollars
Management-stated James Anderson Jun 2026
What happens next
February - San Ignacio material being processed at Bolanitos
Management-stated James Anderson Jun 2026
The main open question
The company has a history of serial dilution, and management budgets conservatively at $54 silver and $3,920 gold for all of 2026—implying sensitivity to metal prices.
Weighed from the statements below, not our opinion of the company.
Our reading
How outsiders read it
7 independent voices on record — 15 constructive, 2 neutral
Don Durett, Dan Dickson, John Feneck, Mario Innecco…
Outside voices

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Guanajuato Silver's own claims across 1 interview — most-covered theme first.

What outside voices pick up on

6 independent voices — people who do not speak for the company — across 18 mentions.

15 constructive 2 neutral
  • Don Durett “Despite high costs and past dilution, he wants to own it for leverage to higher silver prices.”
  • Dan Dickson “Mentioned as the buyer of Balanitos and as having synergies with the asset.”
  • John Feneck “He likes the Bolanitos acquisition for production growth and lower costs in 2026.”
  • Mario Innecco “Mexican silver producer showing staircase wave pattern (1-2-3-4-5), gapped up on all-time record volume, strong accumulation line.…”

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the company closed a $50 million acquisition of Bolanitos on January 15th and expects to link the San Ignacio and Bolanitos mines within weeks, processing San Ignacio material at Bolanitos by February—consolidating five…

What it rests on
Evidence: 2 moments from 1 interview
Read the full case

Management says the company closed a $50 million acquisition of Bolanitos on January 15th and expects to link the San Ignacio and Bolanitos mines within weeks, processing San Ignacio material at Bolanitos by February—consolidating five Mexican mines in the Guanajuato district. An outside investor noted it responded well technically to the acquisition and shows strong accumulation with gapped-up volume; another says it has huge leverage if silver reaches $200.

▼ Bear case

The company has a history of serial dilution, and management budgets conservatively at $54 silver and $3,920 gold for all of 2026—implying sensitivity to metal prices.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

The company has a history of serial dilution, and management budgets conservatively at $54 silver and $3,920 gold for all of 2026—implying sensitivity to metal prices. No independent view challenged the acquisition or detailed operating costs, permitting risks, or near-term cash flow; the outside view mentions "high costs" but offers limited detail on execution risk or debt burden from the $50 million deal.

◆ Watch next

Two concrete milestones: tunnel-linking work between San Ignacio and Bolanitos expected within weeks, and material processing at Bolanitos by February.

What it rests on
Evidence: 1 moment from 1 interview
Read the full case

Two concrete milestones: tunnel-linking work between San Ignacio and Bolanitos expected within weeks, and material processing at Bolanitos by February. Investors should monitor execution on consolidation and whether combined operations drive unit costs down, plus watch silver-price movements relative to the $54 budget assumption and any financing announcements tied to integration.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 2 statements

The deposit 1

What was actually said
deposit type
five mines in Mexico
“at our five mines in Mexico.”
James Anderson· 24 Jun 2026·

Jurisdiction 1

What was actually said
region
Guanajuato district
“in our continued drive to be able to consolidate additional assets within the Guanajuato district”
James Anderson· 24 Jun 2026·

Economics 2 statements

Economics 1

What was actually said
price assumption
$54 silver and $3,920 gold for all of 2026
“our our budgeting has for 20 for all of 2026 has $54 silver and $3,920 gold within all of our budgeting.”
James Anderson· 24 Jun 2026·

Financing 1

What was actually said
capex
50 million US dollars
“We bought Bolanitos for 50 million US dollars in total, and we closed that on January 15th.”
James Anderson· 24 Jun 2026·

Timeline 3 statements

Timeline 3

Key takeaway. Management says the company closed the Bolanitos acquisition on January 15th, that material from San Ignacio was being processed at Bolanitos by February, and that linking the tunnels between San Ignacio and Bolanitos is expected in the…

Read the full summary

following weeks. These timeline milestones were shared in June 2026, so some are retrospective and one remains forward-looking.

What was actually said
milestone
February - San Ignacio material being processed at Bolanitos
“By February, uh San Ignacio material was being processed at Bolanitos.”
James Anderson· 24 Jun 2026·
milestone
next number of weeks - link tunnels between San Ignacio and Bolanitos
“Now that we've got that out of the way, uh, there is um, tunneling development work that's going on actively between both sides. So, we would expect in in just the next number of weeks to be able to link those two up.”
James Anderson· 24 Jun 2026·
milestone
January 15th - closed Bolanitos acquisition
“We bought Bolanitos for 50 million US dollars in total, and we closed that on January 15th.”
James Anderson· 24 Jun 2026·

Outside views 18 mentions

18 mentions by people who do not speak for the company — 15 constructive, 0 cautious, 2 neutral. These are their views, not the company's.

Don Durett
bullish
Despite high costs and past dilution, he wants to own it for leverage to higher silver prices.
The Silver Market· 06 May 2026·
Don Durett
bullish
He likes it despite high costs because it has major upside if silver rises sharply.
Palisades Gold Radio· 02 May 2026·
Don Durett
bullish
He says it needs no growth and has huge leverage if silver reaches 200.
The Silver Market· 20 Mar 2026·
Don Durett
bullish
High-flyer that got 'completely beat up' after momentum faded; expected to 'come roaring back' if silver returns to $100
The Silver Market· 04 Mar 2026·
Show the other 14 mentions
Don Durett
bullish
He likes it as a 10-bagger candidate despite serial dilution, expecting continued growth and more deals from management.
Wise Metals Investor· 29 Jan 2026·
Don Durett
bullish
He says it still has room to run despite serial dilution and expects management to keep growing it.
Investing News· 28 Jan 2026·
Dan Dickson
neutral
Mentioned as the buyer of Balanitos and as having synergies with the asset.
The Deep Dive· 06 Jan 2026·
John Feneck
bullish
He likes the Bolanitos acquisition for production growth and lower costs in 2026.
The Deep Dive· 30 Dec 2025·
John Feneck
bullish
He says it responded well to the Bolanitos acquisition and now looks constructive technically.
Investing News· 17 Dec 2025·
John Feneck
bullish
Canadian listing mentioned alongside the US ticker; same thesis.
Investing News· 17 Dec 2025·
John Feneck
bullish
He says the Bolanitos acquisition should boost production and the stock reacted positively.
Commodity Culture· 03 Dec 2025·
Don Durett
mixed
He likes the upside but worries about repeated dilution and operational disappointments.
In it to Win it· 13 Nov 2025·
John Feneck
bullish
Used as an example of a stock that recovered after a financing-induced dip.
Commodity Culture· 13 Sep 2025·
Mario Innecco
bullish
Mexican silver producer showing staircase wave pattern (1-2-3-4-5), gapped up on all-time record volume, strong accumulation line. Bought at ~$0.90 in February and again ~1 week ago. 'Going much higher.'
maneco64· 06 Sep 2025·
Clive Maund
bullish
Mexican silver producer showing staircase wave pattern (1-2-3-4-5), gapped up on all-time record volume, strong accumulation line. Bought at ~$0.90 in February and again ~1 week ago. 'Going much higher.'
maneco64· 06 Sep 2025·
John Feneck
bullish
He says higher silver prices are expanding margins and could drive strong upside.
Investing News· 17 Jul 2025·
Patrick Karim
bullish
He says it is consolidating with a fully reset moving average and offers a favorable breakout setup.
In it to Win it· 04 Jul 2025·
Jim McDonald
neutral
Mentioned alongside First Majestic as a company producing/selling its own silver bars, illustrating physical tightness
David Lin· 26 Jun 2025·

Sources 1 interview

Every interview 1

DateChannelInterviewStatements
24 Jun 2026 The Deep Dive Silver Could Sink Lower Before the Bull Run Resumes | James Anderson - Guanajuato Silver 7

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

bolanitos 1
fresnillo 1
gold 1
ocean partners 1
san ignacio 1
silver 1

Questions people ask

What is Guanajuato Silver's project and where is it?

Guanajuato Silver is a producer silver company. Everything here is drawn from its executives' own interviews.

Which interviews mention Guanajuato Silver?

We track 1 interview mentioning Guanajuato Silver, across 1 channel (The Deep Dive).

What are investors saying about Guanajuato Silver?

18 independent voices — people who do not speak for the company — are on record discussing it (15 bullish, 2 neutral). Their reasoning is quoted in the outside-view section above.

What do recent interviews with Guanajuato Silver cover?

The most-discussed topics on record are timeline, the deposit, economics, financing — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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