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Bullboard - Stock Discussion Forum Aya Gold & Silver Inc T.AYA

Alternate Symbol(s):  AYASF

Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers... see more

TSX:AYA - Post Discussion

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Post by arh0070 on Jul 02, 2020 9:56am

maya

The cause of the share price drop is now revealed in the quarterly report from Maya ,found on thier website .The reason for management changes are also apparent .Obviously a lot of people knew and sold .The fact that they had silver stolen in January and reported only 6 months later is very poor .Hopefully the new board will do better .Lots of cash in the bank fortunately .
Comment by Exboss on Jul 03, 2020 8:14am
Couldnt agree more, altough my position is only a week old I feel like this is a good floor to go in at, especially if you look back at the problems and see that others paid for it in terms of share value, at this price all the baggage is pretty much priced in.
Comment by christo on Jul 04, 2020 11:22am
Yeah that last report clearly sucked..and one would think that the theft was material news and should have been released to the marketplace in a timely manner..to my mind this is an opportunity to average down... my average is about 1.50...including some sweet shares at 0.88 in March...   ..the stock price can have rather big intraday price swings and the retailor can often get  his ...more  
Comment by Exboss on Jul 04, 2020 6:10pm
Zgounder Silver Mine: The Company several issues at its Zgounder Silver Mine, which affected the production and sale of silver. The flotation plant was shutdown for the entire month of January because of an issue at the Companys old tailings facility. The new tailings facility was only commissioned in March, which allowed the Company to return to normal production after commissioning. Given the ...more  
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