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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 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

Bullboard Posts
Post by HighHoSilveron Jul 28, 2018 1:59pm
153 Views
Post# 28381276

Food for thought

Food for thoughtMaya is ramping up its production as we speak. The new Zgounder mine (85% owned) is targeting 1.4 million oz (1.4 Moz) of silver per year at total costs just over $10/oz and cash costs just over $6/oz. We didn't see many silver mines starting up when silver was around $15/oz. This mine, when fully ramped up, likely beyond 1.4 Moz/year, will be one of the great new pure silver mines. Now its silvers time to dazzle. As a geologist I would suggest that reasonably this stock should double by years end.  Short term I would see a 40% move soon to the upside. Over the long term I see this as a 8x bagger!
Bullboard Posts