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Aftermath Silver Ltd V.AAG

Alternate Symbol(s):  AAGFF

Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver. The Company's principal business activity is the acquisition, exploration and development of mineral properties. The Company controls three projects in Latin America: the Berenguela silver-copper-manganese (Ag-Cu-Mn) project in southern Peru which is its primary focus, and the Challacollo and Cachinal Ag projects in northern Chile. The Company has an option to acquire a 100% interest in Berenguela through a binding agreement with SSR Mining Inc. The Berenguela Ag-Cu-Mn project has approximately 6,594 hectares. The Challacollo project (silver and gold) has approximately 19,000 hectares. The Challacollo project is located in Region I in Northern Chile, 130 km southeast of the major port city of Iquique and 50 km south of the town of Pica. The Cachinal project has around 4,867 hectares. The Cachinal project is a low-sulphidation epithermal deposit located in one of Chile's top regions for silver and gold.


TSXV:AAG - Post by User

Post by Ricolocoon Apr 07, 2021 3:39am
426 Views
Post# 32947416

191 million oz silver resource AAG developmental projects

191 million oz silver resource AAG developmental projectsDo your own DD, if you think there is a lack of news, wake up!!!! AAG has 3 silver developmental projects with resources of 191 million oz of silver about 150
million in the measured and indicated classification. Than add in the 770 million lbs of copper. News? Every day silver trades a 1 cent shift in the silver spot representing a US $1.9 million dollar change in the silver resource. That's the beauty of AAG , news every trading day. Today we had a $0.31 increase in the silver price, that equates to a US$59 million increase in our resource or C $74 million. So today alone we had a shift of resource valuation of more than half our market cap of $130 million. I noticed a few people asking about news. Really?  Haha!!!! IMHO we are currently trading at a huge discount to our resource valuation of $3 Billion for our copper credit alone and $4.7 Billion in SILVER , than add in the gold , zinc and manganese credits and you are looking at a number north of US $8 Billion or C $10 Billion. Yes I know cut off grades, metallurgic recovery rates and the list goes on will effect the final outcome. So will $30, $50 or $100 silver spot price haha!!! We can dissect this a hundred different ways the bottom line is we are sitting on a silver thoroughbred. Remember this, Berenguela, Challacollo and Cachinal  are primarily developmental  projects, although there is an exploratory component also. These projects wouldn't work with $11 silver you would simply retain ownership with limited work once you get sustained silver prices north of $17 than you are talking in the money. Sure there are different methods to classify resources the accepteted 43-101 compliance may require some extra validation but these projects are silver thoroughbreds ready to run with minimal work. If you truly understand these projects you can only be amazed that management was able to bring them
under one entity. Literally the timing couldn't be better, there is nothing to sweat at $25 silver, in fact it's just a matter of time that the general investment community wakes up to Aftermath's extreme leverage to increasing silver prices. I remember back in the day investing in a company that had a dormant silver resource that was an out of the money project I had 500,000 shares @ $0.04 a share nobody gave a sniff about it, I saw it's potential with increasing silver prices, I talked about it to an almost empty forum for a couple months, being an impatient investor at the time, I closed my position in the equity at $0.06, a month later they resurrected the project and traded at $2.50, lesson learned haha!!! My profile photo is actually me back in 1982 at Zortman Montana, I was out there on a geological field trip mapping the area. Gold and silver have always played an important part in my life,  I still remember my mom taking me to the brokerage at the age of 5 to talk to my dad who was heavy into the mining equities, the walls were virtually large chalk boards in a huge room with 20 ft walls, they would update prices of various equities with a ladder and chalk. Aftermath Silver without question is the most exciting equity I've come across in my lifetime, the leverage to silver in these developmental projects offers the perfect storm in a rising silver market, enjoy the ride on this thoroughbred on silver steroids.
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