Value Microcaps Junior Miners

[Bobwins]

MTA, ASM

Bought MTA a couple of weeks ago around $3. Taking off today at 3.46. Was hoping to add a little around 3.20 but that's looks unlikely. Good portfolio of royalties and streams from high quality miners but significant GEO's are a few years out. MTA has been in a steep dive since 12/20 when it peaked at 12.50. Not sure why the big selloff. They have recently acquired another royalty company so have more assets. MTA was heavily promoted and royalty companies take a long time to mature into cash machines. I am happy to wait a few years until more of the mines are built and Metalla can be consistently profitable.

Avino, ASM, has been soaring! Guiding for huge increases in production but not till late in the decade. La Preciosa has over 300 million oz of silver and they should get the ok to start mining underground this year. Guiding for 2.5million oz silver this year and over 3 in 2025, with production exceeding 4 million oz in 2026 and 2027. Big jump in 2028 when Oxide tailings at Avino are scheduled to be reprocessed. Avino has been an operating mine for 50 years so considerable tailings are available. Better recoveries available now could boost production into the 8-10million range. That's a long ways off but I'm happy with recent performance of stock.