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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

Post by CruxInvestoron Jul 17, 2020 3:18pm
374 Views
Post# 31282841

Crux Investor Interview

Crux Investor Interview Hi here is the link to our recent interview with $AMM, watch the full video here: https://youtu.be/-Yhnu_xX2to

Almaden Minerals, founded in 2010, is Mexican gold-silver exploration story. A recent Feasibility Study has demonstrated solid numbers: a low AISC with solid returns and a long life-of-mine (LOM). However, this gold-silver story isn't firing on all cylinders right now.

Has the market grown tired of the Almaden Minerals story considering it has dragged out over the last decade? Companies with the same sort of gold-silver numbers in their Feasibility Study have been worth 4x as much.

Prospective investors and existing shareholders of Almaden Minerals appear to be confused by the recovery rates for gold and silver projects in this type of structure. They are wondering whether this project is high-grade or low-grade in an open-pit?

Almaden Minerals has been named in a lawsuit against the Mexican government by an NGO in a protest against a mining law. This hasn't helped investors view of the company.

let us know what you think

Subscribe to our channel youtube.com/CRUXinvestor
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