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Bullboard - Stock Discussion Forum 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... see more

TSX:AMM - Post Discussion

Almaden Minerals Ord Shs > Mexico is mine-friendly, when could there be a court ruling?
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Post by pienter on Jun 22, 2020 2:34pm

Mexico is mine-friendly, when could there be a court ruling?

And on the left and right I read that activities have resumed at various mining companies. What is the situation for Almaden and Azucar? Anyone have an idea? Or should we just think; no news is good news?
Comment by R_J_ on Jun 22, 2020 9:20pm
This is the way that I understand it. - A ‘questionable’ law was passed a while back. The validity of that law is being questioned. Therefore the validity of mining claims made under that law are being questioned. - - Now for the good news. Alamaden Minerals’ [T.AMM] claim was made before that new law was in existence. Therefore, AMM mining claim is not affected by any of this. [ I don't know ...more  
Comment by pienter on Jun 23, 2020 5:34am
Hi JR, thanks, was the protest of the local 150 small community based on this questioned law, or are these 2 separate cases? I understand that from the Almadian side sufficient distance was  taken, and no (further) prospecting on the 150 comunition land. I was assuming that those are two different cases of interest? the local 150 men on the one hand and the interpretation of the law on ...more  
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