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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 Narrishkeiton Nov 28, 2018 9:13am
48 Views
Post# 29032166

RE:RE:RE:RE:More dilution and more debt

RE:RE:RE:RE:More dilution and more debt
Ronbromleygross wrote: hahahaha - Boy Narrishkeit - you really have it in for Solarman I see. You keep bringing him down each time he posts a comment. I assume you have no faith in what he says? LOL - Your comments are hilarious.


I wouldn't say no faith, I just have a low tolerance for the majority of his garbage analysis. Clearly his chearleading and predictions have not gone the way he thought. When it was a $50 stock he was touting it as a $100 stock.

Now he is grasping at straws at every news release, and crying out "more IR more IR" "the stock will go up with better IR".

The marketing to investors isn't the problem, this stock had too much hype before and now that it has come back to earth, us longs have to live with a slow climb back up based on fundamentals and actual quarterly growth not fluff PR pieces or defensive deals or overpaying for assets with dilution and debt.

Rafi is a good operational CEO, but really not great at deals like Baazov was. This Eldorado deal is months or years too late and WH got there first (they paid more and are opening land based betting shops).

Even so, it at least provides potential access to markets and I don't know what the rev share is but presumably they aren't giving up too much. But he could have gotten it for much less pre-PASPA or even shorty thereafter. Just like they could have bought SKYBET for about half the price paid when Baazov was at the helm a few years earlier.







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