Atico Mining Corp V.ATY

Alternate Symbol(s): ATCMF

Metals & Mining Copper Industrial Metals & Minerals

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.

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Atico Mining Corp > Copper at $4.25 US

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Post by nozzpackon Feb 25, 2021 8:42pm

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Post# 32667786

Copper at $4.25 US

Cash cost is $1.20 per lb.

Production is 20 million lbs per year and 10,000 ounces of gold

Add it up....$90 million US in copper sales and $20 million US in Gold sales for total revenues of $110 million US or about $130 million in cad .

Cash flows will be $60 million US which is $75 million cad or about $0.60 per share.

Brutally undervalued you might say..

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