Post by
666999 on May 29, 2024 2:45pm
Bought more on pullback
Nice 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
Comment by
Calls4U2C on May 29, 2024 4:29pm
Ever hear of a period? It looks like a dot. Use it. I don't take advice from a guy with horns and use run on sentences.
Comment by
666999 on May 30, 2024 2:23am
You seem to argue with everyone, anger issue ? And also talk to yourself, interesting, anyway nothing useful in your posts, same all, like a broken clock, right 2 times a day, cheers
Comment by
Smelvin on Jun 01, 2024 12:44am
I agree Calls4u2c what's your deal, bud? Why are you so hateful here?? we've made the transition into production. There is a great chance that things could go right. Of course things could go wrong but the whole sector got creamed. I agree this is a diamond in the ruff, right here and now what is your personal beef though ?