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Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s):  ASM

Avino Silver & Gold Mines Ltd. is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company also maintains a diversified pipeline of gold and base metals exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine, which is on care and maintenance. The Company also holds 100% interest in Proyectos Mineros La Preciosa S.A. de C.V. (La Preciosa), a Mexican corporation, which owns the La Preciosa Property. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada. The Company’s mineral claims in Mexico are divided into two groups: Avino Mine area property and Gomez Palacio/Ana Maria property. La Preciosa is a development stage mineral property located in the state of Durango, Mexico. Its other properties include Eagle, Minto, and Olympic, among others.


TSX:ASM - Post by User

Post by ajvaron Apr 16, 2013 4:47am
225 Views
Post# 21257831

Mkt cap

Mkt cap

Share price is at 52 week low when production was 15.000/month oz Ag eq now it is 69.000 and with ET stockpiles starting mid-April  it will be 86.000 Ag oz eq  or more than 1 million Ag oz eq     Grades at SG are currently 380 g/t  Ag eq and will increase when going lover at the mine  ET stockpiles are already mined and only need to be processed Company has 2 production centres and if something goes wrong at one company still produces at another  With production increase and grades improving production cost will go down I give cash cost for SG $8-10 and ET stockpiles $4-5 could be wrong we will see when earnings for 1 and 2 qr 2013 will be released  and don't forget Avino mine is coming online in 8-10 months  I think that with current production if we compare with other silver/gold juniors share price should be $2.5  when management proves that they can deliver share price will go up added more glta          

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