SAN FRANCISCO, CA--(Marketwired - January 15, 2016) - With approximately $5.5 million in the bank, a 3.5-million-ounce gold equivalent Measured and Indicated resource, zero debt and a robust, updated preliminary economic assessment, Almaden Minerals Ltd. (
The Gold Report : Almaden Minerals Ltd. recently released an updated preliminary economic assessment for the Ixtaca gold-silver deposit in Mexico. One of the highlights was the purchase of the used Rock Creek mill at a severe discount. Why is that investment-and the way the investment was structured-important to the future of Almaden?
Morgan Poliquin: We are in a challenging mining environment. That is obvious. What is less obvious is the opportunity. We know that the end of the down cycle is going to come eventually. Our strategy is not only to survive these markets, but profit from them. That is why our first instinct was…
Continue reading this interview: Almaden: Succeeding in a Tough Resource Market with World-Class Management and Gold-Silver Discovery
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DISCLOSURE:
Almaden Minerals Ltd. is a banner sponsor of Streetwise Reports. Morgan Poliquin had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Poliquin and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.
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