Welcome To The Almaden Minerals Ltd. HUB On AGORACOM

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Message: I Was Wrong About Almaden Minerals (And That's A Good Thing)


In October, Almaden Minerals (AAU) announced it has signed an option agreement to acquire an existing 7,000 tonnes per day mill at a fire-sale price. In an article I wrote back then, I discussed this deal, and called it a potential game-changer which would confirm the initial thesis of my PRO-article that was published way back in 2013. Almaden has just released an updated PEA which incorporates the new mill into the economics, and it looks like I was underestimating the impact as the new PEA is much better than what I was expecting.

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Source: SeekingAlpha (December 14, 2015 - 12:25 PM EST)
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