Altaley Mining (ATLY) - Net Cash Flow Points to More Acquisitions
Altaley Mining Corporation (TSX.V: ATLY) is a Canadian-based publicly traded mining company operating in Mexico that engages in exploration, development and operation of polymetallic mineral resource projects in Mexico. Altaley Mining is currently in commercial production at its 100 owned Camp Morad Mine, processing approximately 2,000+ tons per day (“tpd”) through the mines milling facilities producing zinc and lead concentrates with gold, silver and copper as by-products. In addition, Altaley owns 100% of the Tahuehueto Project, which has initiated pre-production mining and mill commissioning operations at its own on-site mineral processing plant with a designed capacity of 1,000 tpd. Altaley provides its investors uncorrelated exposure to the mining sector by a 1) defensive asset class (linked to precious metals returns), and 2) a cyclical return asset class (base metals; Zinc, Lead & Copper). The opportunity to invest in a Company with high potential in a low-risk stage: Altaley has a portfolio of two advanced projects, one of which is already providing stable cash flows to the Company.
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