GREY:VITFF - Post by User
Comment by
slamdunkon Nov 08, 2021 3:56pm
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Post# 34101736
RE:RE:RE:Avino Silver & Gold
RE:RE:RE:Avino Silver & GoldNovember pesentation has them at 30million cash--15 goes to Coeur.They have been drilling and waste rock project is completed in Q1 2022.
G7A and Legal must be higher.I just went back to those presenation nowhere dis ifind the cost of the wasterock storage and if its in fine print -i give uptoo tired.
I am not in any trying to be contentious.I rarely rush without some serious due diligence.I know Preciosa from before Coeur acquisition and previously after PAAS dropped their JV.I think Preciousa can be transformational but believe with that asset.they will get going underground and aim for the higher grades but i don't think they will sit onthere hands and they will be trying to raise money -earnings tomorrow and i'll read last quarters 10q..
The copper lead and zinc component is now priced to make money there gold production outgained silver..I think funding through debt,Dilution od a combination of both.
They may be able to swing a JV out of Victoria project in Yukon they have spent this year at Timproject 12km fronm their silvetip mine across the Yukon border,They had a strategic position in Rockhavenin Yukon.