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 > Does this deal solve the debt problem

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Comment by Ronbromleygrosson May 09, 2019 12:59pm

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RE:RE:Does this deal solve the debt problem

Yes biggest hurdle is the debt problem. However I think they are headed in the right direction. If we get more States opening up, the FCF will come along with it. Use the FCF to pay down as much debt as possible. Show the analysts and institutions you are serious about paying this down and we move up. And for god sakes no more acquisitions for now Rafi. Lets digest what we have for now and get this settled and paid off before we chew more. Ron

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Advancing flagship Ishkõday Gold Project in Ontario