Bin auf Avino gestossen. Koennte interessant sein. Meinungen ???
WKN 862 191 ISIN CA0539061030
* ASM.V ASGMF.PK (AVINO SILV GOLD) (I own shares.)
email@example.com 604 682-3701 -- David Wolfin
10.5 mil shares outstanding. / 12.5 mil shares fully diluted (June 2004)
16.5 mil shares fully diluted (including, and after the purchase of remaining 51% of the Avino mine)
@ $1.60/share Cdn x .80 US/Cdn = $1.28 US
$21 mil MC
from: http://www.avino.com/other/goldstock100197.html --in 1997
"How Much Silver Does Avino Have?"
"Operations at Avino's silver mine in Mexico are both open-pit and underground. I examined the reserves and interpolated the tonnage into silver ounces as follows: 28-million ounces proven; 50-million ounces probable and 27 million ounces possible." (Not all are 43101 compliant reserves & resources.--that is an old, third party report.)
The Avino Mine operated from 1986 to 2001, producing about 497 tons of silver, 3 tons of gold, and 11,000 tons of copper. That's about 1.6 million ounces of silver, or about a million ounces of silver per year.
Avino produced 166 ounces of silver for every one ounce of gold. At a 60:1 value ration, that means that the value of silver to gold is 2.76 times as much value (today and historical) is in silver than gold.
They actually have over five silver properties/projects. I only have numbers for one, the primary Avino mine
= 28 + 50 + 27 = 105
Avino owned 49% of that, or 51.5 mil oz., prior to the purchase agreement for the remainder for an additional 4 million shares.
$21 mil MC / 105 mil oz. = $.20/oz.
You get "approx" 35.2 ounces in the ground for 1 oz. silver's worth of stock.