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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 templetooth2on Dec 02, 2020 12:01pm
454 Views
Post# 32018251

What?

What?
Does anyone here understand the Mexican legal system? I don't understand why Almaden has to continue to own the mining leases in order for the ejido to continue its lawsuit.

I assume from the market action that the ore that AMM wants is on ice for the duration of the legal process. Does anyone understand whether that duration is best measured in years or decades?
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