Atico Mining Corp V.ATY

Alternate Symbol(s): ATCMF

Metals & Mining Copper Industrial Metals & Minerals

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.

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Atico Mining Corp > Q2 production out Atico, maybe over 6 times more profits

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Comment by fozzie88on Jul 24, 2021 10:43am

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Post# 33600743

RE:RE:Q2 production out Atico, maybe over 6 times more profits

So let's do it on an accrual basis... 4 quarters x 10 (annual production = 40) ...multiply by gross margin per ton ...the shipping adjustment and G&A are usually small and constant...

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