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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 solarman2013on Apr 20, 2020 12:20pm
147 Views
Post# 30930144

RE:RE:RE:Math

RE:RE:RE:MathYou might consider looking beyond the votes. What happens is that each step de-risks the deal. The deal is only done when done. (like the fat lady singing).

However, do not expect a jump on day 1. If anything, people sell on news figuring that others bought on the expectation. However the fundamentals scream for both operations to do better with global user acquisition cost decreases, finance cost decreases and general admin cost decreases (like the two of everything at C level, the two listings in North America, etc...) which will be tens of millions alone in cost reduction and in user acquisition cost reductions. They certainly don't need two head offices in the USA for operations of Foxbet and FanDuel? They don't need the Toronto "headquarters". They will be shedding lots of costs that we won't even know until about a year from now.

And very very importantly, they have two of the best brands in the business in sports betting. One that targets the casual player (Foxbet) and one that targets the hardcore sports better (Fan Duel). Also if you look at what's happened in past two months, poker has come alive and shown its value to the States that legalized it. Expect this will accelerate acceptance in other US states, and may even lead Congress to move to federalize its legality (ie. change the old wire act).

This is all for the long term though. If you want shorter term increases in your portfolio, this may not be the stock for you. Not a broker, all just from me.
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