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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 MrEvilxon May 09, 2019 5:15pm
145 Views
Post# 29731340

RE:RE:RE:RE:RE:RE:I'm out boys

RE:RE:RE:RE:RE:RE:I'm out boysIf you take reference from past, it does trade lower and goes back to the same levels.
This time it's  different. consider these points
  • Debt took TSG down, they had no easy way to pay it down quickly 
  • Dilution cause debt when they acquired sky bets, but this time dilution is helping them pay down debt. This is a good dilution. 
  • Fox is huge brand, and it's everywhere.  No more single deals with local casinos or states. Every state where sports betting is legalized is their market now.
  • Apps and Web is the future, no reliance on land based casinos
  • Fox has option to purchase upto 50% stake in TSG, this is huge. When ad if this happens, Fox will help pay down debt faster. This is a great scenario for TSG
  • Association with Fox gives credibility to TSG, can lead to more institutional buying. 
  • The Q1 ER is just around the corner, people might even overlook how they did, the story now is of the future.
Till last few weeks I was very very happy selling/shorting the spikes. I am changing my strategy to accumulate the dips now. 

This deal is a game changer. FOX paid yesterday's price for fhr deal, becuase TSG needs for more than Fox needs them. 
But IMHO it's a win-win deal. 

Of course, with market backdrop of trade war fears, TSG did not keep the yesterday's PM gains. But its great to be up 15% when every other stock was bleeding. 


GLTA



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