LC MAI Great company Great Mgt W/DK Everything you said is right on. Cerro de Orro, they will build it quick, cheap and make money. What do you do with this

Mexican authorities announced that no more permits for new open-pit mining projects will be issued during López Obrador’s remaining government term, set to end in September 2024. Experts stressed that the ban on new permits poses a threat to investments and developing mining companies.

Mexico’s Minister of the Environment, María Luisa Albores, stressed that no more concessions will be granted for open-pit mining projects due to the negative impact on the environment and the adverse effects on the health of communities living nearby. In addition, the minister stated that many of the concessions already granted threaten 68 protected natural areas. Therefore, López Obrador’s government has ordered the creation of five new natural reserves, increasing the protected areas to two million hectares.


Argonaut sold the Ana Paula project to Heliostar this April (An impressive project), except now Helio has to bail on the open pit plan option and go underground?

Some risk there dont you think? Probably the reason for the soft MAI share price.
Doug keeps buying and nobody talks about this in CEO.ca. A penny for your thoughts.

https://mexicobusiness.news/mining/news/no-more-open-pit-mining-permits-ministry-environment

AUMN Possible game changer here. Could shoot to $1.00 it they open Velardena with these terms and metals stay strong.

Golden Minerals Announces Improved Concentrate Terms for Velarde ƒ ±a Properties Gold-Pyrite Concentrate

2023-04-04 06:45 ET - News Release



Company Website: https://www.goldenminerals.com
GOLDEN, Colo. -- (Business Wire)

Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it is selling gold-rich pyrite concentrates from its Velardeña Properties on improved terms to a buyer in Manzanillo, Mexico.

Warren M. Rehn, Golden’s President and Chief Executive Officer, commented, “Recently improved and updated terms for the purchase of our gold-rich pyrite concentrates allow us to consider moving forward with the re-opening of the Velardeña Properties’ mines without the need to build the BIOX plant, as we had previously planned. The new terms pay for enough of the gold and silver in the concentrate to enable us to shelve plans for the BIOX plant and sell our flotation concentrates directly to smelters. We made our first shipment of 142 tonnes of previously produced and stockpiled gold-rich pyrite concentrate under the new terms last week and we are currently processing 3,000 tonnes of previously mined and stockpiled mineralized material from the Santa Juana mine for future shipments. The economic benefit of the new payable terms bodes well for a restart of the Velardeña mines.”

The new payable terms for gold-bearing pyrite concentrates are a significant improvement over previous terms offered in 2022 and earlier, and now represent in excess of a 100% increase for gold payables in the concentrate. The Company had previously planned to construct a BIOX facility at Velardeña in order to recover the gold in the pyrite concentrate. The capital cost of the BIOX facility was initially estimated at approximately US $6.5 million in 2019 (as reported in the May 2020 PEA); however, upon re-estimation in 2021 (as reported in the March 2022 PEA) the cost estimate had more than doubled to $14.5 million. In 2022, detailed costing and design showed a minimum cost of well over $20 million, which was more than could be readily financed for the project. The increase in the BIOX plant costs created uncertainty about the economic feasibility of re-commencing production. With these new concentrate sales terms, the problem of payable gold recovery appears to be solved without the significant capital costs required to build the previously planned BIOX facility.

The Company is now evaluating the economics of a restart of the Velardeña operation without the need for major capital expenditures for the BIOX facility and ancillary equipment. Pending confirmation and Board approval of the start-up plan, the Company believes that it could commence production as soon as mid-2023. To address the concerns related to mining dilution at Velardeña, the Company anticipates that it would schedule initial production from those veins that showed the best results from test mining in 2022. Ore-sorting, while showing promise to help reduce dilution, would not be required for the currently envisioned plan to resume production given the improved revenue projected from the new concentrate sales terms.

About Golden Minerals

Golden Minerals is a gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine, advancing its Velardeña and Yoquivo properties in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.

LC I wouldn't buy that BC Molly. I spoke with a professional who knows Molly well. They said its not a climax deposit therefore hard to mine. Id also spoken with the company awhile back. They have no plans other than to see if they can get something going. For Molly Id pic a good price and stick with Stuhini

Look who found Stuhini
Our own Chen Lin

Dave O’Brien of Stuhini Exploration Ltd. talks to Chen Lin at the March 2023 Metals Investor Forum

There was a lot of interest at the Stuhini booth at PDAC Financing upsized 2 times to let in some key players. Shares trading in the .60s now

NIM.V HUSIF Nicola Mining PDAC Notes What a great little company. 50M Market Cap My take after a visit to the booth and a talk with Peter Espig. 750k to $1m per month positive cash flow including the new Osisko tolling deal. 2 other company tolling deals being negotiated. Lots of high grade 50k oz Au projects in the area with no where to go . Nicolas Craigmont mill is the only permitted mill in all of BC for tolling ore. This leaves them with the upper hand.

This company is not going to last long before they get bought out. All they need to do is prove Proof of concept at the Craigmont copper project and a major is going to come in fast. Along a major highway, connected to a hydro power grid(cheap) , water permits already there.

Low risk and undervalued by any metric. Its only recently they got the permits to toll local Au Ag high grade feed. Going to be easy to monetize this. Then sink the cash into proof of concept for the Craigmont Cu project.

The recently consolidated 10,000-hectare property contains the former Craigmont Mine, which produced 34 million tonnes, grading 1.3% copper between 1961 and 1982 from underground and open pit operations. It ranked as one of North America’s highest grade copper mines and sits next to Techs Highland Valley Copper District.

FTCO FORTITUDE GOLD 2022 NET INCOME OF $14.7 MILLION, $725 AISC, $45M Cash

This makes the EV about $105 Million On 41K OZ produced, they paid $11.5m in dividends, spent $11.6M on exploration, added $5M cash, pushed forward new increased production at multiple properties where they've pre bought long lead time equipment previous to inflation cost bumps and will build out new high grade mine production with no debt or dilution. Their solid in the high grade Pearl zone this year with much of this years production already on surface so should be good year. Banks wont like Fortitude but I feel vary safe.

LC This is the poor GORO mgt aka Jason Reid you just called out?? Remember this FTCO was a free spinoff for GORO share holders about 2 years ago before GORO shrs took the drop. As to new GORO with new CEO Allen Palmier Im not excited other than to watch for green lights at the Michigan property. Thats a big project if it goes.

COLORADO SPRINGS – February 28, 2023 - Fortitude Gold Corporation (OTCQB: FTCO) (the “Company”) today reported its year-end 2022 results including net income of $14.7 million, or $0.61 per share, and increased its cash balance by $5 million year-over-year to $45.1 million. The Company confirmed both its previously announced 2022 annual production of 41,231 gold ounces, which exceeded the initial 2022 gold production target by 3%, and announced its 2023 Production Outlook of 40,000 ounces of gold (a range of 36,000 to 40,000 ounces). The Company also filed its year-end 2022 S-K 1300 Technical Report Summary (“TRS”) of Isabella Pearl Mine Reserves and Resources. In addition to the updated Reserves and Resources, the Company has an estimated 51,900 recoverable gold ounces on the Isabella Pearl heap leach pad at December 31, 2022. The Company also filed an Initial Assessment TRS for the County Line Property located in Mineral and Nye counties, Nevada. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and substantial dividend yield.

“Fortitude Gold once again delivered strong operational results in 2022 which exceeded our annual gold production outlook, delivered strong financial results including increasing our cash by $5 million year-over-year to $45.1 million and delivered strong shareholder value with our continued and substantial monthly cash dividend distributions,” stated Fortitude Gold CEO and President, Mr. Jason Reid. “The Company exceeded its 2022 gold production outlook by 3% as operations delivered over 41,000 gold ounces at a low all-in sustaining cost of $725 per ounce. With $74.4 million in net sales, $14.7 million in net income, and a cash balance that grew to $45.1 million, the Company is in a very strong financial position with no debt.”

Mr. Reid stated, “Our Isabella Pearl operation continues to deliver strong cashflows and margins in which to invest and build our next Nevada mining operations. In January of this year, we announced an initial resource for our County Line property located just 19 miles northeast of our Isabella Pearl operations. We believe this property has the ability to deliver gold resources to our Isabella Pearl process facilities, extending the potential life of the Isabella Pearl operation into 2026 and perhaps beyond. We also continue to invest in our Golden Mile property with continued exploration drilling and mine equipment and materials purchases in anticipation of a potential mine development decision. We are aggressively moving both the County Line and Golden Mile properties forward in the permitting process with the Bureau of Land Management and State of Nevada with the goal of becoming a near-term, multi-mine operator.”

Mr. Reid continued, “For 2023 we expect to continue our significant investment in exploration and development activities across our exciting portfolio of Nevada properties. With a strong treasury, we believe we can develop and construct both the County Line and Golden Mile mine operations using our own cash without shareholder dilution. Fortitude Gold remains a unique investment in the precious metal space offering investors exposure to gold production, a very attractive dividend yield at over 7.5% and district scale exploration potential in arguably the premier mining jurisdiction in the world, Nevada, U.S.A.”

2022 Overview

For the year ended December 31, 2022, the Company sold 41,464 gold ounces at a total cash cost after by-product credit of $621 per gold ounce, and a realized 2022 average sales price for gold of $1,802 per ounce. The Company recorded revenues of $74.4 million, and net income of $14.7 million, or $0.61 per share.

The calculation of our cash cost per ounce contained in this press release is a non-GAAP financial measure. Please see "Management's Discussion and Analysis and Results of Operations" contained in the Company’s recently filed Form 10-K for a complete discussion and reconciliation of the non-GAAP measures.

Quote from CEO.ca
@kingtut So todays news says we add more benches below Pearl while having added three years initial at Golden mile and one year at County line initial with lots of upside known at both latter two. Not hard to imagine that ceo is right re mining the area for a very long time. It’s playing out and this sustained dividend for our debt free ultra low share count stock

LC Also just want to say thanks, I much appreciate your updated briefings here. Over the years this board has provided a lot of good information.

Interesting Batch here. I like you, was watching both companies and looking for a buyout of CORE at a much later date. I was surprised. I-80 has 3 CRD's with one pushing to the south towards Paycore's adjoining property where there working on proving up their own CRD.
Together the consolidation forms a monster high grade CRD. Paycore doesn't have to build and are taking advantage of I80's mining permits/auto clave for their sulfides as you said

GORO ? Might have been me involved in some of that GORO friction :) Lets be fair here. The current GORO is not the same mgt you are speaking of. The original GORO 1.0 was the Mexican assets when MX was a better jurisdiction. GORO did go from $1 to $31 under that mgt and dropped back during the dark years in the space. During those dark years, GORO did however pick up some 1st rate assets in Nevada, got them permitted and built the processing plant including ADR very efficiently. GORO spun this out into FCO Fortitude Gold which tripled in price to the current $6.30 shr while paying a sector leading divy yield of 7% and as high as 9% recently. Those shareholders own FCO now for free which left GORO with only the MX assets. The kicker! That old GORO mgt has left and now runs Fortitude Gold where they are making efficient Cash Flow while organically growing a number of other high grade pit projects that will be helping them to grow more CF and higher production numbers which should help bump the share price to record levels while paying the large divy. Their next development will be paid 100% from organic CF that allows them to keep their minuscule 24m OS. Like Minera Alamos Santana prj which I own as well, FTO will build organically their next project to production. The new GORO 2.0 bought a property in Michigan (over 1M high grade resource, I think with $60M sunk costs) that is struggling with a permitting issue they thought they could solve. The 1st Nations have their ancient burial grounds, you know the story. Thats 1 reason their in the tank

STU Stuhini .49 today and for good reason. You should go to the Stuhini website, get Daves number and have a chat, or look him up at the PDAC booth. Hes a good friend of mine, easy to talk to, straight honest. Tell him I said to call. You need to hear the story from Dave. PP's going to be done. They have cash and warrants are in the money. When the story gets out, mkt will have to buy from the 38M OS pool most locked up with Sprott, insiders and friends.

Remember $26Billion in the ground, Molly tripled last year. Demand is real, Future Supply is tight. Full historic Feasibility w/ historic $800 M funding pkg. Their way ahead of the pack, Dave will get the job Done. Just ask Eric Sprott

https://www.northernminer.com/news/exclusive-video-stuhini-ceo-on-molybdenums-dramatic-price-move-and-the-ruby-creek-project/1003851736/

Stuhini Exploration STU.V STXPF. Eric just threw another $1M Today There going to spin out the Ruby Creek Moly Project, bring in a JV Partner and move it forward as one of the few pure ready to build permitted Moly projects on the planet. Moly made another big move up. Their 480 M lbs of pit constrained Molly now has over a $25 Billion in ground value.

Announces up to $1,600,000 Private Placement with Lead Order from Eric Sprott


VANCOUVER, BC, Feb. 23, 2023 /CNW/ - Stuhini Exploration Ltd. (the "Company" or "Stuhini") (TSXV: STU) (OTCPK: STXPF) is pleased to announce a non-brokered private placement ("Private Placement") of up to 4,000,000 units of the Company ("Units") at a price of $0.40 per Unit (the "Issue Price") for gross proceeds to the Company of up to $1,600,000 The Company is pleased to advise that Eric Sprott has agreed to purchase $1,000,000 of Units under the Private Placement.



Dave O'Brien, Company President and CEO, stated: "We are very pleased with Mr. Sprott's continued support as a key shareholder. His investment is a strong endorsement for the Ruby Creek Molybdenum deposit as well as the outlook for molybdenum going forward. The price of molybdenum has tripled since the summer of 2021, and we believe the Ruby Creek Project is a world class deposit." See news release dated March 15, 2022 announcing the molybdenum mineral resource estimate and technical report dated April 22, 2022 filed on SEDAR.

Each Unit will consist of one common share (each a "Common Share") of the Company and one half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.50 per Common Share for a period of two years following the closing of the Private Placement.

The net proceeds of the Private Placement will be used: (i) to fund the final cash payment of $640,000 under the option agreement pursuant to which the Company was granted a right to acquire a 100% interest in the Ruby Creek Property; and (ii) for general exploration, corporate and administrative expenses.

The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the TSXV. All securities to be issued pursuant to the Private Placement will have a hold period of four months and one day from the closing of the Private Placement.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

STU.V STXPF .46 Stuhini Exploration. Invited to The Metals Investment Forum March 3-4 Toronto just before PDAC Someone else sees what I see plus Eric Sprott took part in every financing. You have to be invited by one of these writers {link below) There's a good reason Stuhini got invited. I brought this here at .35 in January. Now .46 with only a only $17M MC - 38M OS - VERY Low G & A

Readers digest story. 3 years age Stuhini optioned the Ruby Creek project mostly for is gold and silver prospects. It included the mothballed Adanac Moly project. 480Million reconfirmed lbs of Molybdenum, drilled off, went through full feasibility in 07, fully permitted and was funded for $800M. They spent $80m including $22M on the current Ruby Creek access road, then crashed and burned in 09 due to the banking crisis crash. Moly price never recovered until now. Adanac traded at $3/shr and a $300M MC off just the Ruby Creek Moly project. Fast forward, with Molly moving from $10 -$15 last 15 years to current $37/lb this project is worth $22B in the ground and Stuhini is focused on moving this forward. The CPM Group recently highlighted that demand is high and supply short for at least 4-5 years since up and coming Moly projects are scarce.

https://metalsinvestorforum.com/newsletter-writers/

https://metalsinvestorforum.com/exhibitors/exhibitors/

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170948380

Commodities consulting CPM Group u tube link
Molybdenum producers do not listen to the market, with CPM Group

https://www.northernminer.com/news/exclusive-video-stuhini-ceo-on-molybdenums-dramatic-price-move-and-the-ruby-creek-project/1003851736/

Stuhini Exploration Ltd. is a Vancouver based mineral exploration company that focuses on the exploration and development of precious and base metals properties in western Canada. The Company’s portfolio of exploration properties includes the Ruby Creek Property, Que Property, South Thompson Nickel Project and Big Ledge Property. The flagship Ruby Creek Property with the 433 million lb. M&I molybdenum resource is located approximately 35 km east of Atlin, BC. The Que Project is located approximately 110 km east of the city of Whitehorse, Yukon. The project is road accessible by way of the Alaska Highway and Canol Road from Whitehorse approximately 180 km. The South Thompson Nickel Project is located approximately 35 km northwest of Grand Rapids, Manitoba. The Big Ledge Zinc Property is located approximately 57 km south of Revelstoke, BC.

Bobwins STU.V STXPF Stuhini Resources Molybdenum Follow me this will be interesting.

Most Molly is used to make steel lighter and stronger plus for Oil, LNG and green industries.
World Bank recently stated moly is a critical metal needed in 7 of 9 green energy technologies. plus molybdenum has up to 4 times the electrical capacity of lithium

Bobwins to answer your question yes the CPM group said demand is high and supply short. This will continue for at least 4-5 years since up and coming Moly projects are scarce due to the previous low price of Moly. This has to be the reason for Moly recently going from $ 15/lb to $32/lb in 6mths. Most of this move after CPM report.

Now normally Im not the least bit interested here, since its something I do not understand very well and as you said, Moly would have to stay strong. CPM has that covered in the you tube link below.

Enter Stuhini Exploration STU.V which trades at a $17M MC. Currently trading at a 100% premium to the private placement that closed yesterday. .

I took a 1st position about 1 year ago because I liked the quality precious metals/Ni projects in BC + US Arizona, and their proximities to Brixton and Garibaldi. Plus The CEOs fiscal responsibility. He takes a $2000/mth salary with no office rent, and is a large share holder of the company. Eric Sprott likes him too and invested in the 3 PP including the current one. I think this is the only one ES participated in the last several mths. I followed on the last 2. Shareholders are partners with them and not paying large salary overhead but rather speculating in the increased value of the projects

When CPM asked How can investors best get exposure to Moly? Andrew Zemec answers , do your homework on the best moth balled NA projects that were hot in the past and theres only a couple.

Turns out Stuhini has the mothballed Adanac Moly project. 480Million reconfirmed lbs of Moly, drilled off, went through feasibility in 07, fully permitted and was funded for $800M. They spent $80m including $22M on the current Ruby Creek access road, then crashed and burned in 09 due to the banking crisis crash. Moly price never recovered until now. Adanac traded at $3/shr and a $300M MC

Stuhini refocused and is reproving up everything. 480M lbs Pit Constrained Resource is now NI43101 compliant, Still has the BC mining access permit, the $22M road. and the old technical report. My understanding is he has a lot of interest and turned down a lot of big money because he didn't want to finance down here.

480M lbs @ $32 US = over 20B $C in the ground.
CPM said Moly above $ 12 - 13/lb incentifys pushing new production

Greenland Resources is trying to move a remote similar size project but much further down in progress. MOLY.N went from a $50m MC to $120M MC last 30 days. Thats multiples of Stuhinis MC plus you get the high quality metals projects that Eric Sprott is interested in.

Molybdenum producers do not listen to the market, with CPM Group

So originally I remember you and CL being active with the Moly chatter on 07 08 and thought you might remember Adanac Molybdenum Corp AUA and have some info to add while I was in heavy DD mode. Good chance they will spin off the metals assets into a separate entity or JV Ruby Creek Moly

Old report
http://www.baystreet.ca/articles/research_reports/fundamental_research/adanac051007.pdf

Stuhini Exploration STU.V STXPF Sorry Been awhile since I posted. Forgot the symbol. My 15 min edit window just expired.

Bobwins Can you dust off the cob webs and tell us what you remember or what you think here. Be nice to here your opinion. You and CL were active on the Moly kick back in 07

Happy New Year to the board here.

Buy the Rumor looking good right now! Had to bring this idea here.
Andrew Zemek from the CPM Group, a fully independent research and consulting company focusing on precious metals and commodities markets speaks about Molybdenum.

Takeaway
*Most Molly used in steel production or Oil and LNG pipelines.
*World Bank recently stated molybdenum is a critical metal needed in 7 of 9 green energy technologies
•High battery potential as molybdenum has up to 4 times the electrical capacity of lithium

China Economy revving back up.

World Bank says 73M lbs of new Moly demand coming from the Renuable Revolution is on the way

Biggest factor in Molly market is Declining Supply due to low prices, covid and the lack of new mines. Chilian companies suffering from threat of Nationalism.

CPM sees a global deficit in Molybdenum for 4 to 5 years with Prices to remain high for several years.

Very few new projects in the pipeline
Anything above $ 12 - 13/lb (say what?) very much incentifys new production but you need to know those prices will stay to make decisios to development a new project.

When asked How can investors best get exposure to Moly? Andrew Zemec answers , do your homework on the best moth balled projects that were hot in the past.

Me thinks At $32/lb Molly, future demand, supply deficit, $46 million spent on development Engineering and metallurgy studies already done, makes a Perfect storm for a development ready, permitted project like Stuhinis Ruby Creek Molybdenum Project to get scooped up

Stuhini has to be a target right today. Only need some more positive sentiment and market awareness to get this project understood by the market.

Fundamental Research put this report out in 2007 on the identical project when it was known as the Adanac Molybdenum Corp Molybdenum Project.

In 2007Adanac Molly AUA.T had 108k fully diluted shares. The report valued the project NPV at $242 M with $15 Molly ( Less than Half todays price) They valued AUA.t at $5.85/ share
$5.85 x 108M OS = $630 M Market cap

Stuhini sitting on a pit constrained measured, indicated and inferred Moly resource of 478 million lbs moly deposit. A $20B face value 1% is $200M nearly a 20x on the current MC

Current Stuhini MC $12 M 34k shares OS - CEO takes only $2000/ mth salary and buys all the private placements. Ive met and personally known Dave Obrian for several years. Hes a straight shooter and gets things done. Eric Sprott took part in all PP including the one just closed this Dec. Erics been inactive so thats saying something. Co Could have sold a lot more paper on the PP but chose to be fiscally responsible with the OS and soft mkt

To bad for Adanac Moly, the 2008 market crash came on and killed the company.

And to think I 1st bought Stuhini for the mgt and plethora of top-notch gold silver Nickel projects, and their proximities to Brixton and Garibaldi.
Entirely possible they spin out the Moly, take the profit and move the Canidian/Arizona AuAgNi properties with the same degree of fiscal responsibility.

insert-text-here

[url]https://static1.squarespace.com/static/5a5e6f708a02c7259a0a2606/t/6361df9ab9ed444529f7cad9/1667358646689/Stuhini_Presentation+221011.pdf
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Bobwins Magna Gold MGR.v MGLQF I think your on to something there. I recently picked up on the story accidentally then saw your post. Fascinating story. Basically an unknown 70k OZ producer at a $70 MC internally projecting to produce positive cash flow Q1 22 CEO Arturos intimate history with San Francisco, how he moved it forward, rehiring the old team is just as fascinating. Judging by his history, Looks like the guy gets things done.

Currently Reducing the strip ratio and rising the production numbers.

Im surprised since the San Francisco mine was let go by Argonaut. Further thinking, Argonaut was previously disoriented and probably divested SF so they could more focus on Magino. If this turns out well, MGR got a smoking deal for less then $10m in value.

Not in yet but DD ing and liking what I see

Fortitude Gold FTCO Possible short term catalyst. Only 5 minutes UTUBE here, but at least hit the 4 minute mark where Jason gives us the teaser of many new positive things going on and says this info is coming to us SHs in August.

A gem of a company here. I see a lot of current value plus nice growth coming from this company as they push through exploiting their several high grade targets.

The cash their throwing allows them to move on several fronts at the same time, while still throwing the current 4% dividend yield.

Bobwins Nice Pick 4 call on Hecla. Hit 9.44 today. Sitting over the 10 year high!

GORO Nice article. Author claims recurring 50 million-dollar pre-tax cash flow starting this year with lots to back it up.

Market Cap $213M
https://seekingalpha.com/article/4415029-gold-resource-corporation-cloud-silver-and-zinc-lining

AR.T Argonaut Gold Delivered Big time. Conference call 9am Going to be a $10 stock as they move towards Magino.

$670M CA Market Cap $214m US Cash

Conference Call
https://www.argonautgold.com/English/news-and-events/events/event-details/2021/Argonaut-Gold-Fourth-Quarter-and-Year-End-Financial-Results-Conference-Call-and-Webcast/default.aspx


Toronto, Ontario – (February 25, 2021) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut
Gold” or “Argonaut”) is pleased to announce its financial and operating results for the fourth
quarter and year ended December 31, 2020. For the fourth quarter 2020, the Company reports
record quarterly revenue of $100.8 million, adjusted net income1 of $20.8 million or adjusted
earnings per basic share1 of $0.07 and net income of $18.0 million or earnings per basic share of
$0.06, derived from the sale of 53,478 gold equivalent ounces2 (“GEO” or “GEOs”), which
generated record quarterly cash flow before changes in working capital of $39.5 million. For the
full year 2020, the Company reports record annual revenue of $319.7 million, adjusted net
income1 of $48.3 million or adjusted earnings per basic share1 of $0.21 and net income of $14.2
million or earnings per basic share of $0.06, derived from the sale of 179,169 GEOs, which
generated record annual cash flow from operations before working capital changes of $95.0
million. All dollar amounts are expressed in United States dollars unless otherwise specified.

ORV.T ORVMF Orvana +20% on high volume. Hit 52 week high mid day. About time somebody else found this. Was getting lonely. Copper $4.20, Don Durrett analyzed it Monday. A lot of new activity on CEO.CA

Yielddude, Little late. Ill just throw out some random thoughts

.50 in cash
Share count may inch up
Funds will continue liquidating over a period unknown to me. 30-60 days?
Still be in the quiet no news period. Lot could be happening?
Personally for me at 1.50 Im buying as its a guaranteed steal.
$2.50 was about where I figured it would trade initially.

Going forward these prices are all a steal. There going to make a lot of cash, pay nice divy and have the dollars to develop some upside weather by M@A or developing current properties.

Nice place to land a nice future divy yield on todays purchase?

Theres just so many other options

FORTITUDE GOLD ANNOUNCES TICKER SYMBOL

AND TRADE CLEARANCE


Colorado Springs, Colorado – February 18, 2021 – Fortitude Gold Corp. (the “Company”) today announced its submission of Form 211 to the Financial Industry Regulatory Authority (FINRA) has been cleared and the Company’s shares now qualify for trading under the symbol “FRTT”.  The Company expects to begin trading on the OTCQB Market within days. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.


About Fortitude Gold Corp.:


Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, strong returns on capital and high margins. The Company strategy is to grow organically, remain debt-free and distribute substantial future dividends. The Company’s Nevada Mining Unit consists of five high-grade gold properties located in the Walker Lane Mineral Belt, with the Isabella Pearl gold mine in current production. Nevada, U.S.A. is among the world’s premier mining friendly jurisdictions.

ORV.T ORVMF Keep in mind Current Market Cap $30M US

Link back I called a double or triple this year from current share price
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161001805

Just out
EBITDA of $7.3 million.
Free cash flow of $5.1 million.
Cash balance of $15.6 million as at December 31, 2020

$30 M MC - $15.6m CASH

Q1 Copper 2 Million lbs. avg realized price / lb 3.29
Upside: Current Copper $3.72 net .43 x 2MLbs = another $860,000/Q

If that alone isnt a reason to like Orvana Look at the coming catalysts
--------------------------------------------------------------
Current Oxides Stockpile Project (OSP), pilot program is being developed, with final conclusions expected in late fiscal 2021"

This will be a huge Low CAPEX Low IRR, High profit addition to Orvanas bottom line

2Mton mixed copper oxide stockpile sitting on top of the ground
The OSP Technical Report highlights are:

Proven Oxide Stockpile Reserves of 2 million tonnes containing 120,900 ounces of gold, 38,438 tonnes of copper and 3.2 million ounces of silver
Gold alone is close to 2GPT and on surface. Zero mining costs

Estimated metal recoveries of the Oxide Stockpile based on processing by sulphidization.
The capital cost estimate for modification of the existing processing plant to process the Oxide Stockpile is approximately US$25.6 million.

The unit operating cost for processing the Oxide Stockpile is estimated at an average of US$93.1 per tonne.

Final evaluation of the feasibility of the Oxide Stockpile Project is planned to be completed by the end of the third quarter of fiscal 2021, upon completion of detailed engineering works. (6 months)

Subject to the favorable completion of technical, economic and funding analysis, the sulphidization circuit and ancillary facilities development is expected to require approximately twelve months before starting commercial production.

The Oxide Stockpile Project will provide three full production years for Don Mario and a Huge economic addition while they drill the the rest of the project.

After this comes good economic tailing project.
--------------------------------------------------------
Lots of drilling Brown and Greenfield:
== Orovalle drilled 7,214 meters in El Valle in first quarter of fiscal 2021;
== Lidia Program commenced on schedule in the first quarter of fiscal 2021 and permitting for Ortosa Godan is in progress.

Taguas Chili, After the completion of the fieldwork campaign in December 2020, preparations are underway for 5,000 meters DDH drilling. Subject to the completion of all the required permitting and paperwork, and assuming no activities restriction in Argentina due to the COVID-19 pandemic, the program will be completed between February and April 2021.
17 targets identified Dec 2020

If there was one thing I was worried about, it was product going out the back door. I think this PR help mitigate that.

ORVANA ORV.T ORVMF IMPRESSIVE Numbers out.

REPORTS COC OF $1,051 AND FREE CASH FLOW OF $5M AS PART OF ITS STRONG Q1 2021 CONSOLIDATED FINANCIAL RESULTS

02/10/2021
Q1 2021 Consolidated Highlights:

Production of 18,398 gold equivalent ounces (14,127 gold ounces, 2.0 million copper pounds and 55,333 silver ounces).

Revenue of $27.8 million. Average realized gold price per ounce of $1,868 and copper price per pound of $3.29.

EBITDA of $7.3 million.

Free cash flow of $5.1 million.

Cash balance of $15.6 million as at December 31, 2020.
Cash Operating Costs ("COC") and All in Sustaining Costs ("AISC") of $1,051 and $1,467.


https://www.stockwatch.com/News/Item?bid=Z-C:ORV-3030072&symbol=ORV®ion=C

Fiore F.V FIOVF Trading at about $94M US MC and an EV of $70M after the $24M cash

Thats about 2 x current operating Cash flow with eminent upside catalysts

Simple Heap Leech operation. Only risk is a drop in the price of gold

DB7 AUMN and GORO A couple US Sleeping Silver Minors with a good Silver Story in the background. GORO close to 2 Million oz Silver as a bi product and AUMN now producing Gold from Rodeo to move to the Large Velerdana Silver reopening. GORO is just going to throw up some cash to the balance sheet plus discovery and the market will get the idea. For Gold you need to buy Fiore Now.

Now add this new discovery to the mix

Golden has identified four separate vein systems in which surface sampling has returned grades up to 4,050 grams of silver per tonne of material and 27.7 grams of gold per tonne from surface.

https://themarketherald.ca/golden-minerals-discovers-new-vein-and-intersects-excellent-gold-and-silver-grades-at-its-yoquivo-project-in-chihuahua-mexico-2021-01-27/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cquote_tab

Argonaut Gold Announces Record Quarterly Production of 56,986 Gold Equivalent Ounces and Annual Production of 203,483 Gold Equivalent Ounces; Provides 2021 Production, Cost and Capital Guidance
T.AR | 12 hours ago

Still trading just over $500M EV Cheap Cheap!
2021 Production Guidance +200AuEq
+216M cash in the bank
Magino moving forward.
Link back for more

TORONTO , Jan. 19, 2021 /CNW/ - Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce record quarterly production of 56,986 gold equivalent ounces ("GEOs" or "GEO") 1 , representing a 16% increase over the previous quarter and a 20% increase over the same period the previous year. Argonaut produced 203,483 GEOs in 2020 and had a cash balance of approximately $214 million at December 31 , 2020. The table below details fourth quarter and full year 2020 production results. All dollar amounts are expressed in United States dollars, unless specified.

Argonaut Gold Inc. Logo (CNW Group/Argonaut Gold Inc.)

Fourth Quarter and Full Year 2020 GEO Production




1 As presented in the third quarter 2020 financial and operating results press release dated November 4, 2020.

2 Florida Canyon production during Q1 2020 and Q2 2020 was under Alio Gold Inc. prior to the closing of the merger between Alio Gold Inc. and Argonaut on July 1, 2020. 2020 GEO production guidance estimated the combined full year 2020 production from the El Castillo, San Agustin, La Colorada and Florida Canyon.

Pete Dougherty , President and CEO stated: "2020 was a spectacular year for Argonaut, as we completed a merger, saw the conclusion of Schedule 2 amendment and executed on a financing plan for Magino's development and achieved record quarterly production in our most recent quarter. As we look to 2021, we are taking a cautious approach to guidance when considering potential productivity challenges due to COVID-19 protocols and contact tracing, as the health and safety of our workforce is paramount. Our focus is to deliver cash flow from the operating mines to fuel Argonaut's growth through the construction of Magino, as we embark on the transition from a relatively high-cost junior producer with short mine life assets to an intermediate lower-cost producer with long life assets."


2021 Production and Cost Guidance

The Company anticipates it will produce between 210,000 and 250,000 GEOs during 2021 at a cash cost of between $950 and $1,050 per gold ounce sold and an all-in sustaining cost ("AISC") of between $1,250 and $1,350 per gold ounce sold (see "Non-IFRS Measures" section).

https://stockhouse.com/news/press-releases/2021/01/19/argonaut-gold-announces-record-quarterly-production-of-56-986-gold-equivalent

Dr Air We all thought you were out on the boat touring the Caribbean.

Sweet on the Oil or anyone in BTC

The landscape in the minors is insane. Thinking its about now, where more investors see the potential Horse Power available from the q4 earnings that are not affected from Covid for the most part. These good plays are cheap!
All the metals are in play. Whats going to temp the general market?

Earnings and green energy metals

Question will they get a bid?

Littlefish I received my shares in my Ameritrade acct. No value attached and its going to be a couple weeks before it trades.

Fortitude website is up.
https://www.fortitudegold.com/


https://www.fortitudegold.com/investors/overview/photo-galleries/
Page 17 and 32 The dark spots are the high grade Pearl zone

Looking forward to the focus on low share count, no debt/dilution to provide high dividend yields

On silver plays. I havent done much work on those lately. GORO & AUMN are a couple under the radar Ag plays. Let us know if you have a favorite

ORVANA ORV.T ORVMF Calling this. Good for a double or triple this year from
the currennt.30 IMO


This Quarter production up 10% 2 million pounds of copper, 8 million lbs guided for 2021 1st quarter in awhile with no hedges.

lots of exploration,

oxide stockpile project starting late this year.
Four months of production will pay for all the CAPEX


trading for $0.30 right now dirt cheap. Market cap 42 million, 2 complete operations Mills and mines, Lots of drill results coming this year, Plus a huge high octane exploration project in Argentina.

ORVANA REPORTS 10% INCREASE IN GOLD EQUIVALENT PRODUCTION FOR FIRST QUARTER 2021

Gold-equivalent production of 18,398 ounces; a 10% increase from Q4 Fiscal Year 2020.

Continuing brownfield and greenfield exploration at Orovalle, .

Fieldwork exploration in progress at Taguas, .

Quality Assurance Testing Planning for the Oxides Stockpile Project (OSP) at EMIPA, .

https://money.tmx.com/en/quote/ORV/news/5170710121015543/Orvana_Reports_10_Increase_in_Gold_Equivalent_Production_for_First_Quarter_2021

Fiore Gold (TSXV: F) Q&A w CEO Tim Warman Jan 7 at 12pm ET
I recommend watching this if your interested in one of the best gold producer values out there with big upside potential and low risk.


50K oz yearly production is not exciting for most but they make a lot of money.

Todays Q&A should give the market a better incite and remind the market that the Fiore EV is near 3 x last quarters annualized cash flow that equates to $41 million. Current EV Since gold is averaging $150 - 200 more this quarter, should add cash to the balance sheet and MC has not increased this 1st Q of 2021 these numbers should improve.


Also with nearly 4 million ounces of resource between the 3 property's and $125M EV, Fiore is trading at about $30 per Insitu ounce. Dirt cheap

By both metrics Fiore is trading at about 1/3 its value


https://register.gotowebinar.com/register/495694338673775374?source=Stockhouse

CPTMatt Re GORO Looks like your buy is going to turn out good. I bought 2 times last week at avg just over 3.40 but I got in before the ex date so will get the spinco Fortitude. Cant wait to see how the mkt values Foritude

If it trades at 1.50 which is possible, that equates to about .50 of free GORO value we received if that makes sense.

Good buy Cork chipping at the lows. Its also possible that the shares got a small rerating after divesting Nevada since todays buy wont get you Fortitude

No doubt GORO is cheap. Just to think GORO traded at $31 with only one mine in Mexico 2011 last time gold was in $1800S.



CAPEX Way Down
GOLD Way UP
Extra $10/oz for silver in 2021
Hopefully near done with Covid slow down
$6 Million savings on the new ZTC'S
4 X last years drilling budget for 2021 $8M

Going to get a ding for covid and maybe this death q4 but were shaping up.

AUMN Golden Minerals Nearly doubled since Oct 30

Just started mining Rodeo, currently shipping very high grade 3gpt pit material to the mill to start processing gold at $800 Cash Cost Jan 2020

Going to use that to restart Velardena after Bio leech testing brought recoveries to the mid 90% range. This is a ways off but drove the share price to double last time they made this decision.

Getting $5Million/year from Hecla to lease their 2nd mill

JV with Barrick who will fund exploration of Large Argentina project

Fully funded for all the above

SSKILLZ1 We knew he was going to come back. Amazing execution.

11AM EST Today GOLD RESOURCE Q3 CONFERENCE CALL


Colorado Springs – October 30, 2020 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the timing of its third quarter earnings conference call scheduled for Tuesday, November 3, 2020. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $115 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Conference Call

Gold Resource Corporation’s CEO Mr. Jason Reid will host the conference call Tuesday, November 3, 2020 at 11:00 a.m. Eastern Time. Topics of discussion will include third quarter results, an update on current operations and the Company’s intent to spin-off its Nevada Mining Unit to shareholders. The conference call will be recorded and posted to the Company’s website.

Q&A

Following Mr. Reid’s opening remarks, the Company will host a live question and answer (Q&A) session.

Date: Tuesday, November 3, 2020

Time: 11:00 AM Eastern (9:00 AM Mountain)

There are two ways to join the conference call; one option is a “listen-only” mode (no Q&A access), while the second “dial-in” option gives the listener access to the Q&A:

Listen-only mode:

To join the conference in a “listen-only” mode via webcast, please Click Here

Listen-mode with Q&A access by dial-in:

Any attendee who may wish to ask a question during the Q&A, please join the call by teleconference using the following dial-in details:

Toll Free: 844-407-9500
International: 862-298-0850

Please connect to the conference call at least 10 minutes prior to the start time using one of the connection options listed above.

Gold Resource Corporation Reports Third Quarter Net Income of $5.0 Million, or $0.07 Per Share

Gold Resource Corporation
Mon, November 2, 2020, 4:30 PM EST
COLORADO SPRINGS, CO, Nov. 02, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Gold Resource Corporation (NYSE American: GORO) (the “Company”, “We”, “Our” or “GRC”) reported consolidated production results for the third quarter ended September 30, 2020 of 12,575 gold ounces and 333,761 silver ounces. In addition to precious metals, the Company produced base metals resulting in consolidated net revenue of $42.3 million for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $115 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

“Our successful third quarter demonstrates our strength and determination,” stated Gold Resource Corporation’s CEO and President, Mr. Jason Reid. “Despite the mandatory two-month shutdown in Mexico during the second quarter, our Oaxaca Mining unit is back to generating free cashflow while putting employee and community health and safety first. Nevada also delivered on generating free cash flow with its record quarterly gold production, a 51% increase over the prior quarter, while continuing rigorous COVID protocols. Additionally, we made a deliberate strategic move to unlock and increase shareholder value from both mining units by initiating the spin-off of the Nevada Mining Unit to shareholders as Fortitude Gold Corporation.”

Q3 2020 HIGHLIGHTS

On July 1, 2020, we celebrated 10 years of production, over $1 billion in revenue and $114 million in shareholder dividends;

Record gold production from Isabella Pearl of 7,847 gold ounces;

Consolidated production of 12,575 gold ounces and 333,761 silver ounces;

$42.3 million consolidated net sales bringing year-to-date September 30, 2020 sales to $91.4 million;

Net income of $5.0 million or $0.07 per share;

Total Oaxaca Mining Unit cash cost after by-product credits of $589 per ounce;

Total Nevada Mining Unit cash cost after by-product credits of $935 per ounce;

$31.3 million cash balance at September 30, 2020, an increase of $20.2 million from the December 31, 2019 balance of $11.1 million;

Cash from operating activities of $17.7 million for the nine months ended September 30, 2020, an increase of 127% from same period in 2019;

Working capital at September 30, 2020 of $50.0 million, an increase of 120% from December 31, 2019;

$0.7 million dividend distributions, or $0.01 per share for the quarter;

On August 6, 2020, we announced Ms. Kim Perry would transition from the Board of Directors to fill the Chief Financial Officer role for retiring Mr. John Labate. The Board of Directors’ nominating committee is actively recruiting for the vacant Board of Director’s seat;

Subsequent to the quarter close, we announced on October 5, 2020, the intent to spin-off the Nevada Mining Unit to its shareholders as a separate publicly traded company, Fortitude Gold Corporation, to further create shareholder value.

Overview of Q3 2020 Results

Record third quarter production from the Company’s Nevada Mining Unit (NMU) totaled 7,847 gold ounces, an increase of 51% over Q2 2020. Through the first three quarters of 2020, NMU gold production totaled 16,747 gold ounces. The third quarter was the first full quarter that the Company was able to regularly access portions of the deposit’s high-grade “Pearl” zone, while also mining the deposit’s lower grade “Isabella” zone. Gold Resource Corporation remains on track to achieve its annual production target of 40,000 gold ounces in 2021.

Third quarter Oaxaca Mining Unit (OMU) production totaled 4,728 gold ounces, 324,592 silver ounces, 428 copper tonnes, 2,157 lead tonnes and 5,538 zinc tonnes. Through the first three quarters of 2020, OMU production numbers total 13,619 gold ounces, 912,464 silver ounces, 1,162 copper tonnes, 5,811 lead tonnes and 14,386 zinc tonnes.

Third quarter NMU sales from the Isabella Pearl mine totaled 8,396 gold ounces at a total cash cost of $935 per ounce (after by-product credits) at an average realized price of $1,901 per ounce. Third quarter OMU sales totaled 7,898 precious metal gold equivalent ounces at a total cash cost of $589 per ounce (after by-product credits). OMU average realized metal prices during the quarter included $1,887 per ounce and $25.47 per ounce*. The Company recorded net income of $5.0 million, or $0.07 per share, and paid $0.7 million to its shareholders in dividends, or $0.01 per share during the quarter. Cash and cash equivalents at quarter end totaled $31.3 million.

*Average realized metal prices include final settlement adjustments for previously unsettled provisional sales. Some provisional sales may remain unsettled from one period into the next. Realized prices will therefore vary from average spot metal market prices upon final settlement.

COVID-19

The Company previously withdrew its 2020 production outlook for both its Oaxaca and Nevada Mining Units following the impacts and uncertainties of the global pandemic, the two-month mandatory governmental suspension of Mexican operations in April 2020, and uncertainty of potential future outbreaks or governmental responses to the pandemic. Both mining units operated continuously during the third quarter along with continued health screening protocols for COVID-19 prevention and mitigation. During the third quarter, Nevada identified one positive case of COVID-19 while Mexico identified 29 positive cases. Due to the rigorous protocols in place, these cases were promptly identified and mitigated to ensure the health and safety of our employees and the communities in which we operate.

Nevada Mining Unit Spin-Off

Subsequent to the quarter, on October 5, 2020, the Company announced its intention to spin-off its Nevada Mining Unit to shareholders as a separate publicly traded company, Fortitude Gold Corporation. 100% of the Nevada Mining Unit will be distributed on a pro rata basis to shareholders of record on the transaction execution date. Following completion of the spin-off, the Gold Resource Corporation will hold all of the assets and related liabilities of the Oaxaca Mining Unit and Fortitude Gold Corporation will hold all of the Nevada assets and related liabilities. The spin-off does not require shareholder approval and is expected to be tax-free to the shareholders.

The transaction is subject to certain conditions, including the final approval by the Company’s Board of Directors and the receipt of an effective date for the Form S-1 registration statement filed by Fortitude Gold Corporation on October 19, 2020 with the Securities and Exchange Commission. The transaction is targeted to be completed by year-end 2020 or the first quarter of 2021.

This phenomenon is going to get the PM stocks on the radar.

3rd quarter earning reports are going to get the millennials looking at PM stocks. Stocks like GORO who showed Q2 losses due to Covid and who turned things back around in Q3 are going to do well I believe. The sector is going to start looking promising from the double whammy boost of production and Cash Flows from high price of PMs.


Kirkland Lake Gold Reports Solid Third Quarter 2020 Production, Increases Cash to $848 Million and Announces 50% Increase in Quarterly Dividend
TORONTO, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the third quarter (“Q3 2020”) and first nine months (“YTD 2020”) of 2020. Q3 2020 production totaled 339,584 ounces, an increase of 91,184 ounces or 37% from 248,400 ounces for the third quarter of 2019 (“Q3 2019”). For YTD 2020, the Company produced 1,000,218 ounces, 305,345 ounces or 44% higher than the first nine months of 2019 (“YTD 2019”). The Company also announced today a 50% increase in the quarterly dividend, to US$0.1875 per share, effective the fourth quarter of 2020 (“Q4 2020”) dividend payment. This increase follows a doubling of the quarterly dividend in the first quarter of 2020 (“Q1 2020”) to US$0.125 per share. All dollar amounts are expressed in U.S. dollars, unless otherwise noted.

This press release is being issued in advance of the Company’s presentation at the Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia at 8:35 pm ET today.

The Company’s cash position increased 58% during Q3 2020 to $848 million at September 30, 2020 with no debt. The increase in cash reflected proceeds from the sale of 331,959 ounces of gold during Q3 2020 at an average realized price of $1,907 per ounce. Also contributing to the growth in cash during the quarter were proceeds of $109.1 million (C$145.2 million) from the sale of the Company’s 32.6 million shares of Osisko Mining Inc. and $75.0 million received from Newmont Canada FN Holdings ULC (“Newmont”) through a strategic alliance agreement.

During Q3 2020, a total of $141.9 million of cash was returned to shareholders. Of this amount, $107.4 million (C$143.0 million) was used to repurchase 2,139,300 common shares through the Company’s normal course issuer bid (“NCIB”) with the remaining $34.5 million used for the quarterly dividend payment of US$0.125 per share paid on July 13, 2020 to shareholders of record as of the close of business on June 30, 2020. As at October 8, 2020, the Company had repurchased a total of 14,029,500 common shares through the NCIB during 2020 for $526.6 million (C$709.5 million) and paid approximately $81.7 million in dividend payments (with an additional $34.2 million of cash to be used for payment of the Q3 2020 dividend of US$0.125 per share on October 14, 2020 to shareholders of record on September 30, 2020).

AUMN Golden Minerals 9M shares volume Trading up! Something up?