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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 argaivon May 08, 2021 12:58am
255 Views
Post# 33159000

Correction

CorrectionI would just like to see the permit in hand and the environmental plan approved.  A little exploration is okay. Going to production will cost money.  If they get the permits they ought to just sell it off IMO.  It depends on how fast they can build that money, and I have not looked at the cost to build it.
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