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Re: jsc52033 post# 1085

Thursday, 07/23/2020 12:35:16 PM

Thursday, July 23, 2020 12:35:16 PM

Post# of 1374
I spoke with Warren Rehn a couple weeks ago. I like his plans, believe he will execute and have been adding shares.

There is no sale for a smelter only the lease of their current mill to Hecla.

They recently signed an LOI to sell Santa Maria but $4.5 Million over 2 years is not enough to get Rodeo going. The Rodeo numbers will impress the market but the mine life is limited. For AUMN its the perfect vehicle to get some hard fast cash to get Velerdana back up while Barrick does their job in Argentina.

I expect the Velardena resource and economics to grow as the PMs increase in price. Dont count out M&A as AUMN is not afraid to pull the trigger on a good deal.

Basically we have a low risk no brainer hard growth story here. Going to look good on the NYSE when it hits $2
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