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Almaden Minerals Ord Shs T.AMM

Alternate Symbol(s):  AAUAF

Almaden Minerals Ltd. is a Canada-based company, which is in the business of exploring and developing mineral projects and its principal asset is the Ixtaca precious metals project located on its Tuligtic claim in Mexico. Through a subsidiary, the Company holds a 2% net smelter return royalty on the Ixtaca project. The Ixtaca precious metals project is located 120 kilometers southeast of the Pachuca Mine, a gold and silver deposits in Mexico with a historic production of 1.4 billion ounces of silver and seven million ounces of gold. The deposit is also well-located in the industrial heart of Puebla State.


TSX:AMM - Post by User

Comment by R_J_on Jun 22, 2020 9:20pm
324 Views
Post# 31179083

RE:Mexico is mine-friendly, when could there be a court ruling?

RE:Mexico is mine-friendly, when could there be a court ruling?This is the way that I understand it.
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A ‘questionable’ law was passed a while back.
The validity of that law is being questioned.
Therefore the validity of mining claims made under that law are being questioned.
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Now for the good news.
Alamaden Minerals’ [T.AMM] claim was made before that new law was in existence.
Therefore, AMM mining claim is not affected by any of this.
[ I don't know about the other AMM spin-offs.]
Knock on wood.
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RJ
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