David Morgan Interviews David Wolfin President of Avino Silver

[diogeneslaertius666]

"Grade is King" haha, you sir, are excellent.

Avino is rich land and has a prolific production history, the Company is in a great position to ride the future silver trend

[silverguru]

Indeed!!! Avino was on of Paul Sarnoff's favorites-- don't expect you to know who that is you are probably too young. Glad you are Happy!! DM

[tschumm]

I watched this video a few months ago and bought in the mid $1's. Been buying ever since. Huge gains so far and more financings, this thing is about to explode. Thanks so much David. Changing my life man!!!

[johnywinslow]

its all fun and games until the cartels demand their cut!

[lextalionis2001]

I am left wondering, if the mine has so much potential why was it closed down ? I mean if its a no brainer to turn a profit, why did it go "unmined" prior to Avino acquiring it ? I know there are factors but would love to hear about the former mgmt. Could they have gone bankrupt perchance ?

[lextalionis2001]

@lextalionis2001 also I forgot to say THANK YOU for posting.

[lizadfuel]

@lextalionis2001 From what I have read it was not profitable to operate mines in the early 2000s. Silver's spot price in 2001 ranged from $4.00 to $5.00 an oz. In this interview David Wolfin states it costs $3.00 to $5.00 usd to mine 1 oz of silver. It looks like to me that it was not profitable to mine silver in the 4 to 5 usd range. It's all about the cash.

[whygoldandsilver]

Nice video Dave. About to head to Europe with Mike and Damien...should be a blast. Catch you soon

[lizadfuel]

Small mining companies such as Avino will be a great investment because when Gold mania hits the general public .70 cents will become $70.00 - for sure! However, if we have another major stock market crash I would think it would hurt mining stocks too. But not as much as the 2008 crash. On the flip side if Korea or the Israel situations take a turn for the worse and a major war breaks out, mining stocks will go thru the roof overnight. So I would buy some now as insurance.