Bought more on pullbackNice chart, share price is in consolidation mode, and we can see bull flag, as news are expected,
Dirt cheap, 1.7 M Au/oz, high grade veins
AISC should be $ 1100 so at 35.000 oz Au/year, that is $ 43 M free cash flow, and mkt cap $ 120 M in 4 years production should go to 100k oz Au, further drilling, should bring 5M Au oz, but even without it, there is 17 years mine life at 100k oz/year, not to mention other permitted mine, all this for $ 35 M mkt cap, past was not good for shareholders, but mgmt has made great decision to put mine in production, and conserve cash, as whole junior market was in the toilet, don't forget, before Avino sold mine, it wanted to mine at part that has 10g/t Au, amazing grade, I think a lot of investors are waiting on a side line, as mining is starting, but being past producing mine, I think that everything should go smooth, now is time to buy cheap shares, glta