Avino Silver & Gold Mines Ltd T.ASM

Alternate Symbol(s): ASM

Metals & Mining Industrial Metals & Minerals

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

Avino Silver & Gold Mines Ltd

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Comment by Wallstreet1112on May 06, 2016 2:37pm

191 Views

Post# 24848953

RE:RE:Valuation, miners - May 5 (fixed)

hcarbon, I really do not know.

* Avino has had huge growth in the last years, probably more than most miners I own.

* Avinos AISC are very low.

* They do not have huge debt.

* Further organic growth possibiliets ahead (gold production starting 2017 in Bralorne).

All of these things are positive... And despite this we have more than 100% upside just to reach the 3 ywar high mark in share price. Hecla has already surpassed it, First Majestic has 60% left and Silver Standard has 30% left etc.

I honestly don´t get it. Avino is dirt cheap with good fundamentals IMHO.... And that is why it is my biggest position in my silver/gold-portfolio.

Best regards

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