Our coverage from the New Orleans Investment Conference – Avino Silver and Gold Mines
As part of our continued coverage from the New Orleans Investment Conference the President and CEO of Avino Silver and Gold Mines (TSX.V: ASM & NYSE MKT: ASM) David Wolfin sat down with Cory Fleck.
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Note – This is not investment advice. We are simply introducing some of the companies that interested us who are presenting at the New Orleans Investment Conference. Be sure to check back throughout the weekend as we will release some more company interviews.
My info is that Sprott has no current position of any note.
Ok, thanks!
I wonder why they changed their minds about Avino. Sprott is known to invest in something that holds good value, like Avino. I remember Eric Sprott said only good things about Avino Hm.. do Sprott know something about Avino that makes him think that maybe there isnt that much upside potential in Avino?
Cory & Chris T. – Thanks for covering Avino Silver & Gold. I’m a huge fan of this company and have posted press releases, drill results, and financial info on it regularly.
I really enjoyed this update on their mine expansion, cost basis, plans for exploration, and large increase to revenue that will show up when the Avino mine production begins.
Cory – If you talk with him again, make sure to ask about their project where they are getting permitted to open a new tailings pond, so that they can drill and heap leach extract the current tailing pond. I believe they are trying to get the permits and construction done on the new tailings pond in 2016, so that commercial production can begin in 2017 on old (current) tailings material. In an interview he did on Jay Taylor’s show, he projected at that it may add another 25% to their production profile taking them from a projected 3 million ounces a year to 4 million ounces a year once all these projects are running at full tilt.
Again, great to see a review of both Great Panther and Avino from the show. I love these small producers for the exponential gains they’ll experience when Silver gets back up to $18-$20+.
Hi!
I really like this miner and im glad you guys wanted to put some light on Avino😉
I want to know if Sprott, the company, still is invested in Avino? I know they have been a couple years ago but im not sure if they still are?