Vizsla Silver – Panuco Project Long Term Strategy: Production Vs Exploration
Mike Konnert, President and CEO of Vizsla Silver (TSX.V:VZLA – NYSE:VZLA) joins us to provide a long term outlook for the Panuco Project, in Mexico. Mike lays out plans to target production by 2027 while also exploring new areas on the project and other projects in Mexico acquired this year.
On the production front, we discuss the work planned to move from the current PEA on the Copala area to a Feasibility in the second half next year, updated resource prior to the feasibility, updated mine plan, and permitting which is ongoing.
For exploration, the Company has just started a 10,000 meter drill program focused on other areas on the project to find new “centers of mass” that could hold significant resources.
The Company recently raised $65million through a bought deal financing closed in September.
If you have any follow up questions for Mike please email me at Fleck@kereport.com.
Click here to visit the Vizsla website to learn more about the Company.
Wolfster if you’re missing anything it might be that $30 silver is (roughly) the new $20 silver thanks to the massive inflation (central bank “printing”/stealing) of the last few years. Therefore profitability isn’t where it should be.
The overhanging paper from the financings since buying Plomosas will continue to present a headwind until $33 silver is overcome. It’s a bummer but I think the company will come out better off for having done the deal.
Wolfster, Honda got huge subsidies from The Canadian Government to switch to electric vehicles and for the line change from gas powered vehicles to EV’s. They have to start production but those cars aren’t suited for our climate so they must be for The American Market. If Trump gets in and that is a big if he will put a tariff on Honda EV’s made in Canada. He can do this because they are subsidized by the CDN Gov’t. Forget about the Free Trade agreement. Floridians that had Ev’s saw what happened to their vehicles when they got flooded, “UP IN SMOKE.” When a Hurricane shows up and the public has to sit in long lines to get away from the storm and their vehicles have the air conditioning turned on the tow truck drivers will have a hay day after the storm is over. The government will have to subsidize the price so the public can afford Honda’s golf carts. When we get a political change here The Conservatives don’t want corporate welfare so Honda will have to bite the bullet and close some or all of their subsidized industry. Stay tuned it’s easy to manufacture a product but making a product that the public wants and can afford is another matter. Honda should change the name of their Ev’s to EDSEL. LOL! DT 🤣😉😜
Thanks Matthew. I get what you mean but I guess I was looking at zinc price too with the recent improvements vs price when they acquired Plomosas
DT….has the conservative govt done a complete flip flop that I’m unaware of. They love corporate welfare. PP is saying the same things Harper said. Harper got in and corporate welfare ballooned. I’ll believe it when I see it.
Wolfster, I don’t know what you are aware of unless you give me examples, if you talk in generalities, it doesn’t mean anything to me. Pierre Poilievre is his own person if you know something about him wanting to give out corporate welfare well then enlighten me. I want to know what you know about him. Maybe I will send him an e-mail if you give me specifics. DT
And Honda seems to be losing in the reliability ratings..going downhill
My favorite mining related company of all time. Still an absolute screaming potential here. That south eastern drilling coming makes my jaws foam with anticipation
Leading the way down in my account today are Emerita, Magna and Northisle …Emerita led the way up yesterday. Funny how that works.
Come on folks. Let’s get the focus back to making money….waiting to see that copper jr list Ex…..anyone not holding some Magna give your head a shake. 😉…..Matthew,impact not trading how I’d expect with silver and zinc where there are. Am I missing something????
DT. Alliston EV plant moving forward full guns a blazing so far. I’ll keep you up to date on it for signs of the EV evolution slowing or ending.
Kicking myself for no longer having any uranium plays. Stuck waiting for the pullback to get back in cuz I hate chasing.