Do you remember my call on Avino Silver? Well, today Avino Silver made new highs, surging more than 60% in just two weeks.
The near term catalyst is that it has everything set to triple its production in the second half of this year. I expect at least a cash flow of $40 million, which means the market cap of this company will at least double from here. While this is happening, the silver price is now even surging as shorts are covering their managed money short positions, which I talked about here. And more of those silver short positions are still to be covered...
So basically we have 2 catalysts for Avino Silver. I predict that Avino Silver will shoot past $3/share in a few months.
The near term catalyst is that it has everything set to triple its production in the second half of this year. I expect at least a cash flow of $40 million, which means the market cap of this company will at least double from here. While this is happening, the silver price is now even surging as shorts are covering their managed money short positions, which I talked about here. And more of those silver short positions are still to be covered...
So basically we have 2 catalysts for Avino Silver. I predict that Avino Silver will shoot past $3/share in a few months.
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