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Bullboard - Stock Discussion Forum Aftermath Silver Ltd V.AAG

Alternate Symbol(s):  AAGFF

Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver. The Company's principal business activity is the acquisition, exploration and development of mineral properties. The Company controls three projects in Latin America: the Berenguela silver-copper-manganese (Ag-Cu-Mn) project in southern Peru which is its primary focus, and the Challacollo and Cachinal Ag projects... see more

TSXV:AAG - Post Discussion

Aftermath Silver Ltd > ABRA silver 140 mil ounces of silver = 200 million$ M. C.
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Post by Farquar on Nov 29, 2023 12:57pm

ABRA silver 140 mil ounces of silver = 200 million$ M. C.

So another one of AAG's peers ( Abra silver) just came out with a new resource estimate .. They have about 140 million ounces of silver in ARGENTINA which is less than AAG's silver resource + very low grade gold (.13 g/t) to give Abra about 258 million Silver Equivalent ounces.. The market cap of Abra is about 200 million $ canadian but the market cap of AAG is presently only 52 million $ canadian...

Just to get AAG priced fairly next to many of it's peers , it needs to go up 4X just to catch up to ABRA, it needs to go up 7X just for it to be priced the same as VZLA ( VZLA has about 220 million ounces of silver), AAG would have to go up almost 5X just to be close to DV's market cap. DV has only 1/3 of AAG silver and it is valued 5 times higher than AAG...

If you , like me, believe that AAG is unfairly undervalued, then you want to be invested in a stock like AAG which is excessively cheap ... If silver takes off soon, then AAG will moon for 2 reasons : 1) Because it's too undervalued and needs to catch up to it's peers 2) A raging silver bull run is going to raise all silver boats by many multiples...

This stock has the potential to go 10x from here in a very short time span...
Comment by goldmanforever on Nov 30, 2023 8:54am
Why is Aag so much undervalued ? Must be a reason why investors have neglected Aag.