Sierra Madre Gold and Silver provided an update on the progress of the La Guitarra project, which is a past producing mine and is expected to be brought back into production quickly. The study to restart the mine is progressing. The Mine Restart Study will examine an initial production level of 350 tons per day. Additional studies will be conducted to increase the capacity of the milling circuit to more than 500 tons per day and to identify further weaknesses in the processing circuits. The chart shows a bottom forming in the stock and we believe this is a good buying opportunity and issue a price target in the video.
Sierra Madre Gold and Silver: Summary of Current Activities to Restart the La Guitarra Mine
05:01 MIN 1.821
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