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Aya Gold & Silver Inc AYA


Primary Symbol: 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 over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Maroc S.A.


TSX:AYA - Post by User

Comment by ozphoenixon Jul 13, 2018 7:29pm
173 Views
Post# 28315195

RE:RE:RE:This didn’t make the SP crash today

RE:RE:RE:This didn’t make the SP crash todayEven though they have, supposedly, considerable powers within their gamut, they have typically been seen as a paper tiger.  Further, with the upcoming Brexit, their attention is so squarely focussed on trying to deal with the issues that that episode will bring, they hardly have time for such 'local' issues as this merger.  In a similar vein, they (CMA) have recently been squarking that, with recent budget cuts and lack of future funding, they will be almost unable to handle what they do (little that it is) now, let alone with the increased burden that Brexit brings.

While this current 'stoppage' is, almost without doubt, the response to some competitor's complaint(s), especially since it is post-factum, from my own experience with the CMA's activities (and, recalling the Ladbrokes/Coral 'investigation and subsequent recommendations) their actions in this case will likely be fairly muted and will only serve to show (at least, in their minds) that they are, as some imply, doing their jobs (and, need to be kept in their jobs, in light of threats to their budget).

For me, it feels like much-ado about nothing.
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