Post by
Ricoloco on Apr 07, 2021 3:39am
191 million oz silver resource AAG developmental projects
Do your own DD, if you think there is a lack of news, wake up!!!! AAG has 3 silver developmental projects with resources of 191 million oz of silver about 150
million in the measured and indicated classification. Than add in the 770 million lbs of copper. News? Every day silver trades a 1 cent shift in the silver spot representing a US $1.9 million dollar change in the silver resource. That's the beauty of AAG , news every trading day. Today we had a $0.31 increase in the silver price, that equates to a US$59 million increase in our resource or C $74 million. So today alone we had a shift of resource valuation of more than half our market cap of $130 million. I noticed a few people asking about news. Really? Haha!!!! IMHO we are currently trading at a huge discount to our resource valuation of $3 Billion for our copper credit alone and $4.7 Billion in SILVER , than add in the gold , zinc and manganese credits and you are looking at a number north of US $8 Billion or C $10 Billion. Yes I know cut off grades, metallurgic recovery rates and the list goes on will effect the final outcome. So will $30, $50 or $100 silver spot price haha!!! We can dissect this a hundred different ways the bottom line is we are sitting on a silver thoroughbred. Remember this, Berenguela, Challacollo and Cachinal are primarily developmental projects, although there is an exploratory component also. These projects wouldn't work with $11 silver you would simply retain ownership with limited work once you get sustained silver prices north of $17 than you are talking in the money. Sure there are different methods to classify resources the accepteted 43-101 compliance may require some extra validation but these projects are silver thoroughbreds ready to run with minimal work. If you truly understand these projects you can only be amazed that management was able to bring them
under one entity. Literally the timing couldn't be better, there is nothing to sweat at $25 silver, in fact it's just a matter of time that the general investment community wakes up to Aftermath's extreme leverage to increasing silver prices. I remember back in the day investing in a company that had a dormant silver resource that was an out of the money project I had 500,000 shares @ $0.04 a share nobody gave a sniff about it, I saw it's potential with increasing silver prices, I talked about it to an almost empty forum for a couple months, being an impatient investor at the time, I closed my position in the equity at $0.06, a month later they resurrected the project and traded at $2.50, lesson learned haha!!! My profile photo is actually me back in 1982 at Zortman Montana, I was out there on a geological field trip mapping the area. Gold and silver have always played an important part in my life, I still remember my mom taking me to the brokerage at the age of 5 to talk to my dad who was heavy into the mining equities, the walls were virtually large chalk boards in a huge room with 20 ft walls, they would update prices of various equities with a ladder and chalk. Aftermath Silver without question is the most exciting equity I've come across in my lifetime, the leverage to silver in these developmental projects offers the perfect storm in a rising silver market, enjoy the ride on this thoroughbred on silver steroids.
Comment by
OleBole on Apr 20, 2021 3:59pm
Thanks, I just backed up the truck today along with MGG, USA and BCM
Comment by
Chester55 on Apr 21, 2021 2:10pm
Me too!! These prices are so cheap!!! Once silver hits $28 this will double!!! I'm just gonna sit back and watch!!
Comment by
Teakbois on Apr 28, 2021 11:54am
Go to the bull board on SBLRF if you want too discuss the company. I am there.
Comment by
Ricoloco on Apr 28, 2021 1:43pm
"Go to the bull board on SBLRF if you want too discuss the company. I am there." Really? You spammed your investment here so feel free to answer the questions here.
Comment by
Wantonfuey on May 02, 2021 9:55am
the pumpiest people always are the dumbest investors