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Bullboard - Stock Discussion Forum Almaden Minerals Ord Shs T.AMM

Alternate Symbol(s):  AAUAF

Metals & Mining Industrial Metals & Minerals
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 > What?
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Post by templetooth2 on Dec 02, 2020 12:01pm

What?

Does anyone here understand the Mexican legal system? I don't understand why Almaden has to continue to own the mining leases in order for the ejido to continue its lawsuit.

I assume from the market action that the ore that AMM wants is on ice for the duration of the legal process. Does anyone understand whether that duration is best measured in years or decades?
Comment by miscstuff on Dec 02, 2020 12:46pm
Scary stuff 1 day after Reuters Stock reports gave them a 10 out of 10, and a buy rating.
Almaden Minerals Ord Shs
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