Company Updates From Management – Fri 11 May, 2018

Anaconda Mining – Expanding The Goldboro Resource And Recent Q1 Results

Anaconda Mining released more Goldboro drill results earlier this week that hit high grades over narrow widths. I chatted with Dustin Angelo, Anaconda’s President and CEO about how the Company continues to expand the resource in all directions. Since Anaconda is a profitable mining Company and the strategy is to bring Goldboro into production we focus on how high grade narrow width intercepts can be mined profitably. We also recap the Q1 financial results.

As I mentioned if anyone is a Maritime shareholder or knows one please let me know what you think of the Anaconda offer and if you have any questions. I can be reached at Fleck@kereport.com.

Click download link to listen on this device: Download Show

Click here to visit the Anaconda Mining website for more information.


Comments:
  1. On May 11, 2018 at 11:22 am,
    Mickey Mantle says:

    Once gain, Cory thanks, especially appreciated the direct question as how to reach the everyday retail shareholder of MAE. Some folks have the wrong perception that someone always get screwed in a merger and although sometimes that is the case. It certainly it is not here. Anaconda has shown in the past how mergers (Orex & Anaconda) compliment each other and the sum of the merger is way greater than being stand alones. The companies need to have Synergy and MAE & ANX sure do. This acquisition could be the catalyst to finally get the share price moving. That and of course the price of Gold its self. KD

    • On May 11, 2018 at 2:34 pm,
      Excelsior says:

      Well said KD aka Mickey Mantle. 1+1 = 3 or 4 in this case, and Anaconda has the skill sets to compliment the Maritime assets and fully utilize the value creation from them.

      The latest drilling from ANX is just more solid work and solid results from a company delivering on its guidance and projects month after month and press release after press release. I’m still surprised so few PM mining investors are familiar with it, but that is where the unnoticed and undervalued opportunity is.

      Cheers!