Aya Gold & Silver Inc AYA

Primary Symbol: T.AYA Alternate Symbol(s): AYASF

Metals & Mining Silver

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.

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Aya Gold & Silver Inc > More dilution and more debt

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Comment by Dawsun77on Nov 28, 2018 3:20pm

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Post# 29035467

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

This company makes money. Yeah their FCF took a hit last quarter but the 4 previous quarters combined their FCF was nearly 500 million. Compare that to Netflix FCF which lost nearly 2 billion in the same time period.

To say this this company is in debt due to a poor business model is just wrong. They’re in debt because they just spent 5billion of which they didn’t have in hopes of making their company stronger in the future. This is a long term play for me so holding for a few years I’m willing to take the hits until I see their business model is no longer working.

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