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Bullboard - Stock Discussion Forum
Avino Silver & Gold Mines Ltd
T.ASM
Alternate Symbol(s):
ASM
Metals & Mining
Industrial Metals & Minerals
Avino Silver & Gold Mines Ltd. is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company also maintains a diversified pipeline of gold and base metals exploration properties. It operates the Elena Tolosa Mine (Avino Mine), which produces copper, silver and gold at the Avino property in the state of Durango, Mexico. The Avino property also hosts the San Gonzalo Mine...
, which is on care and maintenance. The Company also holds 100% interest in Proyectos Mineros La Preciosa S.A. de C.V. (La Preciosa), a Mexican corporation, which owns the La Preciosa Property. The Company also owns interests in mineral properties located in British Columbia and Yukon, Canada. The Company’s mineral claims in Mexico are divided into two groups: Avino Mine area property and Gomez Palacio/Ana Maria property. La Preciosa is a development stage mineral property located in the state of Durango, Mexico. Its other properties include Eagle, Minto, and Olympic, among others.
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TSX:ASM - Post Discussion
Avino Silver & Gold Mines Ltd
> These guys know how to disappoint...
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•••
zzstocks70
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Post by
zzstocks70
on Nov 09, 2021 7:51pm
These guys know how to disappoint...
About 4 times a year.
(11)
•••
phoenix_trader
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Comment by
phoenix_trader
on Nov 10, 2021 9:37am
Debt paid off and cash will more than cover the La Preciosa initial payment. Name one other mine that has resumed production and likely quadrupled resources without debt and with minimal share isuance. Cash is flowing now and a district scale silver mine will be producing for decades. Silver and copper prices are significantly higher than three years ago, yet production costs are still
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mbuch
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Comment by
mbuch
on Nov 10, 2021 9:57am
With it's track record, probably a take out target at a $1.00 Losing patience with this one real fast.
(110)
•••
666999
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Comment by
666999
on Nov 12, 2021 2:09am
Agree, Ag, Au, Cu prices should stay strong, La Preciosa has 100% higher grade then Avino mine, and company can start mining it, as mill has additiinal capacity, dont forget about drilling, and that high grade vein could start mining immediately, lastly Avino has nice stake in TSK that will become great company with huge resource 2-5 M Au at 9 g/t ! I agree that this was swing trade for years, but
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