Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Atico Mining Corp V.ATY

Alternate Symbol(s):  ATCMF

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.


TSXV:ATY - Post by User

Post by Indictuson Oct 14, 2021 8:33pm
256 Views
Post# 34007558

summary and potential

summary and potentialhttps://www.youtube.com/watch?v=Vl_PI4SUG-Y

interesting interview. so there is theoretically the potential that every new drilling result can materialize in big new reserves at the existing mine, and the landsize around it. additional to that there is the planned la plata mine in ecuador.

based on current prices the company could be able to generate 40 million free cashflow this year (correct me if im wrong). 
40 million free cash flow on a 60 million market cap. well...and a debt free balance sheet.

crazy.

cash on hand, and operating cashflow making this small mining company to a great risk/reward imo.

checked out the bio of the CEO. his family and he were involved in the sucess in fortuna silver. (they have a market cap of more then 1-2 billion dollar).
<< Previous
Bullboard Posts
Next >>