Company Updates From Management – Tue 23 Jun, 2020

GR Silver Mining – Recapping High Grade Silver Results From The Plomosas Project and Upcoming Drill Plans

Marcio Fonseca, President and CEO of GR Silver Mining (TSX.V:GRSL & OTCQB:GRSLF) joins me to discuss the high grade silver results released yesterday. We recap some of the finer points on the results and look ahead to what the Company has planned in terms of following up.

Please email me with any additional questions for Marcio. My email address is

Click here to read over the full news release.

  1. On June 23, 2020 at 8:29 am,
    Excelsior says:

    I posted this #VIDEO panel on the weekend show, and it was a really great
    discussion on the strengths, weaknesses, opportunities, and threats to the Silver markets and in particular the Silver miners.

    GR Silver (in this daily editorial) was one of the companies featured, along with Endeavour Silver, Excellon Silver, Discovery Metals, Reyna Silver, and Silvercrest Metals.


    Panel Discussion at Adelaide Capital’s Silver Conference June 2020

    Adelaide Capital – Jun 18, 2020

    Our Silver Conference presenters rejoined Deborah and Tina on a panel to discuss how the macro environment is affecting silver prices, opportunities and risks in Mexico, valuations, and potential M&A activity in the silver space.

    Taj Singh, President and CEO of Discovery Metals Corp. (TSXV: DSV, OTCQX: DSVMF)
    Bradford Cooke, CEO of Endeavour Silver Corp. (TSX: EDR, NYSE: EXK)
    Brendan Cahill, President and CEO of Excellon Resources Inc. (TSX: EXN; EXN.WR, OTC: EXLLF, FRA: E4X1)
    Marcio Fonseca, President and CEO of GR Silver Mining Ltd. (TSXV: GRSL, OTCQB: GLYXF)
    Peter Megaw, Chief Technical Advisor of Reyna Silver Corp. (TSXV: RSLV)
    Chris Ritchie, President of SilverCrest Metals Inc. (TSX: SIL, NYSE: SILV)

  2. On June 23, 2020 at 8:34 am,
    russell hamilton says:

    LOOKING AT SILVER VIPER AS A PURE SPECULATION . My EXK is still under my buy price but i am holding . Trump is out of control and destrying the REPUB party. They had thier chance at the impeachment to remove this putz, but cowards refused. I dont agree with defaceing Jackson statue , but his stateue needs to be quietly removed and sold to private art collectors to display on thier private farm or property. Love Jackson overall , but he was a brutal and sometimes cruel man . If i were black or red i would also want it removed. love to you all rsh

    • On June 23, 2020 at 8:46 am,
      OOTB Jerry says:

      Greatest thing Jackson did , without a doubt…..WAS BUST THE BANK (central bank/fed)

      • On June 23, 2020 at 8:57 am,
        OOTB Jerry says:

        Forget History…………and keep repeating it………really stupid……….

        • On June 23, 2020 at 8:59 am,
          OOTB Jerry says:

          Russell, you might see where this is leading the country…..

          • On June 23, 2020 at 9:33 am,
            John Kruschke says:

            Where the Country is headed?
            How about where the Country is now. Russell has been more right than wrong.
            President Trump is the King of Debt and his Son in Law Jared is his Trojan Horse.
            The entire Republican party has lost it’s moral compass.The best that they can do is support the President and blame others.

          • On June 23, 2020 at 9:36 am,
            John Kruschke says:

            As an Independent I know I will not be on the winning side of any election any time soon.
            That is fine with me.

          • On June 23, 2020 at 10:05 am,
            OOTB Jerry says:

            John……..ok, we will give russell some credit, on ………what…..
            let’s see…….?
            Ok, now, Trumpster, is the King of Debt, and I have no time for Jared….
            There is only one party…….The TWO HEADED SNAKE Party, …there is no difference, as far as the DEBT/and Fake Fed/Central Bank.
            The Trumpster has been,a Demo, Independent , and now Repub., only, thing I can say,
            I am waiting on BARR and DURHAM… bring some action in the next couple of months.
            Law and Order …….might not happen as long as we have the slave master DEBT/FED.

          • On June 23, 2020 at 10:16 am,
            OOTB Jerry says:

            I LIKE THIS ONE………..Matthew is usually spot on…. 🙂
            On June 23, 2020 at 9:41 am,
            Matthew says:
            Tom Woods asks: “Why is it that the left proceeds relentlessly and the right, if it is even identifiable as the right, exists for the purpose of surrendering. It doesn’t seem like the world has to be that way and yet it is. Why?”

            Tom’s guest: “The left took over after the second world war.”

            Tom’s guest is close enough. The fact is, the right is nothing but controlled opposition and has been for a very long time. Unfortunately, 90% of Republicans are way too stupid to grasp this fact as they vote-in one idiot RINO/neocon after another, many of whom used to be Democrats (e.g. Trump, Reagan) and all of whom are huge government collectivists who redistribute wealth (loot savers) wildly and criminally exactly like any D. The big differences are found only in the lip-service. Sorry Trump fans but that’s a fact.

          • On June 23, 2020 at 1:46 pm,
            Excelsior says:

            That was a really good post from Matthew. Agreed. Thanks for reposting it OOTB.

          • On June 23, 2020 at 5:02 pm,
            blazesb says:

            Since word games are what’s being played here I submit it is the Democrats who are left in name only.

          • On June 24, 2020 at 1:08 am,
            Matthew says:

            Blazesb, you are wrong about that since the left has always consisted of collectivists that rely on force/threats of force, not cooperation/persuasion, to implement their agenda — which is always totalitarian in spirit. Classical liberals, the true “right”, on the other hand, is made of individualists that respect natural rights, private property and do not want to rule others. The left has simply ditched its old facade of peace and harmony but a facade is all it ever was; history makes that perfectly clear.

            The word games have always come from the leftists who took over a very long time ago and run both DC and Hollywood in addition to virtually all education and much, much more. The cradle-to-grave brainwashing is so complete the very few Republicans can detect it let alone the run-of-the-mill leftist.

            For crying out loud, leftists hijacked the word “liberal” and have completely and permanently soiled it. Leftists are the exact opposite of liberal just as Trump and the neocons are the exact opposite of conservative. Isn’t it ironic that freedom-loving self-professed “patriots” think liberal is a dirty word? This wasn’t the case 100 years ago but today the definition IS different and leftists are the reason. Welcome to 1984, which, by the way, is probably code for 1948 when the book was written. Orwell described what already was, not what was to be in the future. For one example, the Department of War became the Department of Defense in 1947. Can’t call a spade a spade, can we? Of course there has not been a defensive war since.
            The powers that be love inverting words’ definitions as a way of confusing and controlling the population. Babylon is literally the place of confusion so a modern day Babylon is exactly what we have here and now. Order out of chaos.

  3. On June 23, 2020 at 8:34 am,
    Excelsior says:

    (BHS) (KXPLF) Bayhorse Silver Metallurgical Testing Achieves 86.7% Silver Recovery.

    @newsfile on 23 Jun 2020

    Bayhorse CEO, Graeme O’Neill comments “by separating the copper and silver into a metallic phase, such as blister copper, with smelting, that can be readily electrorefined into LME grade copper and pure silver, the Company may free itself from the discounting of concentrate at the smelters and achieve higher recoveries and sales prices.”

    • On June 23, 2020 at 9:08 am,
      Excelsior says:

      (MTA) Metalla and (CDE) Coeur Announce Increase in Secondary Bought Deal Offering of Common Shares of Metalla to US$18 Million

      @nasdaq on 23 Jun 2020

      “Metalla Royalty & Streaming Ltd. (MTA) and Coeur Mining, Inc. (CDE) are pleased to announce that they have agreed with the syndicate of underwriters led by PI Financial Corp., Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation, to increase the size of the bought deal secondary offering announced June 22, 2020. The secondary offering will now consist of 3,400,000 common shares of Metalla currently held by Coeur at a price of US$5.30 per Common Share for gross proceeds to Coeur of approximately US$18 million. Metalla will not receive any proceeds from the Secondary Offering.”

      • On June 23, 2020 at 1:54 pm,
        Excelsior says:

        (MMG)(MMNGF) Metallic Minerals Expands Board of Directors and Technical Advisory Board

        23 Jun 2020

        “Mr. Peter Harris is a mining engineer with over 40 years of global mining industry experience in project evaluation, development, mine construction and operations. Peter’s career is highlighted by prominent roles with Placer Dome (now Barrick Gold) as Senior Vice President of Project Development and President & CEO of Placer Dome South Africa. He also was part of the early formation of NovaGold Resources as Chief Operating Officer. Peter brings a deep understanding of what it takes to have a successful mining project having been involved in various stages of evaluation, development, construction and operation of over 20 mineral projects in his career in North and South America, Africa, Australia and Papua New Guinea. His experience ranges from high-grade underground operations to large scale open pit deposits of base & precious metals. He has a strong track record of leading corporate development teams in strategic acquisitions, financing as well as structuring of engineering initiatives to optimize costs and identify opportunities.”

  4. On June 23, 2020 at 8:50 am,
    David says:

    GPL has good gold drill results and Vizsla halted.

    • On June 23, 2020 at 9:02 am,
      David says:

      VIZ: Eric Coffin thinks drill results concerning the halt.

      • On June 23, 2020 at 9:10 am,
        Excelsior says:

        Nice! I picked VZLA for the Summer stock picking contest, and it looks like it is going to get off to a nice start.

        Yeah, I see Eric’s comment and it brought a smile to my face. 🙂

        @HRA-Coffin – “It’s drill results. They were getting finals from the lab and will presumably bounce it off IIROC. Hoping to be trading mid morning with the news out. $VZLA”

        • On June 23, 2020 at 9:14 am,
          Excelsior says:

          In that thread discussing why Vizsla halted for these drill results:

          @lukejackson – “It depends on when you receive your results. If they come in late at night and you don’t have time to draft a press release, then you would halt & have IIROC read your release, then release the news to the market.”

          @Goldfinger – “Sometimes the NR isn’t written yet but many people might now know the results. To avoid any potential leak they can halt. Also, if the results are outstanding they’d want to halt to get more attention on the story.”


          • On June 23, 2020 at 10:10 am,
            Dick Tracy says:

            Exploration companies are so risky, especially waiting on drill results. Feast or famine, if this one doesn’t work out maybe the next one will. Keep your fingers on the trigger, and check to see if there has been any recent insider sells, lots of luck! DT

          • On June 23, 2020 at 1:33 pm,
            Excelsior says:

            Very true DT. However, with Vizla, it is more than just a drill play, as this a brownfield exploration program where they have an option on a nearby mill where they literally can pull the trigger and be in production in about 2 years if they continue to hit paydirt on their Panuco project.


          • On June 23, 2020 at 1:44 pm,
            Excelsior says:

            Michael Konnert, President & CEO, Vizsla Resources Corp. (VZLA) (VIZSF)

            The View From The C-Suite – May 11, 2020 #VIDEO


          • On June 23, 2020 at 1:49 pm,
            Excelsior says:

            (VZLA) (VIZSF) Vizsla Resources: Update on Drilling and Option Extension

            Swiss Resource Capital AG – May 18, 2020 #VIDEO


          • On June 23, 2020 at 2:39 pm,
            Dick Tracy says:

            Ex, I haven’t followed Vizsla but I noticed they recommenced drilling on June 4th. DT

          • On June 23, 2020 at 10:01 pm,
            Excelsior says:

            Yes DT, Vizsla is cashed up for exploration and drilling, and most of the Mexican miners commmenced operations again the beginning of June.

            With VZLA halted today, many believe they’ll have some news tomorrow that may be some drill assays back from the lab. Looking forward to see what they’ve been hitting with the drill bit.


  5. On June 23, 2020 at 9:54 am,
    David says:

    Yes…some of us that have VIZ in the while year contest, “failed” to select it for the summer. But…still got it for real. That means most of us all want it to be positive news. 🙂
    Also, can’t see anything going on but the price of gold, but Banyan at it again. +13.85 % on Schwab US. No complaints.

    • On June 23, 2020 at 1:24 pm,
      Excelsior says:

      Agreed David. I have VIzsla for real and in the Summer contest, so I’m smiling from ear to ear. The stock picking contest at ceo is just for fun, but all that really matters is being in position to benefit from whatever the pending news is, but it appears we’ll have to wait to celebrate until tomorrow. Eric Coffin seems pretty convinced it is drill news and that they are waiting for a response back from the assay lab at any moment.

      Ever Upward!

      • On June 24, 2020 at 10:08 am,
        David says:

        I bit my tongue but I rolled that 24% gain and the rest of my DV into Vizsla. Still silver. I like that Vizsla can drill year round and they have a 2 kilometer vein to drill…and report.

  6. On June 23, 2020 at 9:55 am,
    David says:

    while = whole
    darn again

  7. On June 23, 2020 at 10:28 am,
    David says:

    Irving showing some life. Some think it is just bouncing off support.

  8. On June 23, 2020 at 11:06 am,
    David says:

    Miners sinking and general markets hitting all time highs because…just because.

  9. On June 23, 2020 at 12:11 pm,
    David says:

    Dolly Varden +24% at moment.

    • On June 23, 2020 at 1:29 pm,
      Excelsior says:

      Yes, I’ve been thrilled with the re-rating move higher lately in Dolly Varden. It is about dang time the market wake up to this companies project and potential.

      > DV closed up $.15 climbing to $.66. This was a 29.4% gain on the day.


  10. On June 23, 2020 at 12:31 pm,
    David says:

    Freegold Ventures popped +9.7%

  11. On June 23, 2020 at 2:10 pm,
    David says:

    I have felt positive since the halt. One of the posters on said they were running about 80 visitors all day. That’s a good following and interest. Thanks for all your input today and as a fellow dog lover, Go Vizsla.

    • On June 23, 2020 at 2:11 pm,
      David says:

      Note above to Ex

      • On June 23, 2020 at 10:08 pm,
        Excelsior says:

        Agreed David. 80 people in the Vizsla room today means whatever the reason for the halt, folks will be watching. I’m rooting on good drill results, but we’ll see what tomorrow brings.

  12. On June 23, 2020 at 4:56 pm,
    Dick Tracy says:

    Rick Mills discusses Freegold Ventures (Golden Summit) T.FVL. DT

    • On June 23, 2020 at 6:37 pm,
      David says:

      Thanks DT. Great story about Freegold.

  13. On June 24, 2020 at 6:24 am,
    David says:

    Great Vizsla drill results out.

    • On June 24, 2020 at 6:40 am,
      David says:

      Vizsla trading resumption notice published.

      • On June 24, 2020 at 6:45 am,
        David says:

        Vizsla still halted US markets…??

  14. On June 24, 2020 at 6:49 am,
    David says:

    Vizsla open for trading in US and up +39 and then +31%