| Account | Shares | Price | Value | % of acct | Cost/sh | Gain $ | Gain % | Target |
|---|---|---|---|---|---|---|---|---|
| 401K | 24 | $30.17 | $724 | 0.03% | $20.40 | $234 | +47.9% | — |
In short: Boots-on-the-ground confirmation of the long-held silver thesis: Zgounder is a rare pure-play silver mine, wind/solar-powered to beat the energy cost curve, milling 3,800 tpd at 91% recovery in Q4 (above stated capacity). Pro-mining Morocco + the new NASDAQ listing are catalysts she says the price hasn't baked in; the spring selloff is "paper market liquidity fears," not physical.
Aya owns a silver mine called Zgounder in the mountains of Morocco. Most "silver miners" actually dig for lead, zinc or copper and get silver as a leftover — so their silver output rises and falls with those other metals. Aya is different: silver is the main product, so the business is a cleaner bet on the silver price. The mine also runs on local wind and solar power, which keeps its electricity bill low when oil prices are jumping around.
Prins flew out and went underground herself to check the operation rather than trusting the company's reports. What she found backs the thesis: the plant is processing more ore than its official capacity (3,800 tonnes a day) and recovering 91% of the silver, in a country that welcomes mining. On top of that, Aya just upgraded its stock listing to the NASDAQ, which usually brings more big investors and trading interest. Her bottom line: silver's recent price drop was traders scrambling for cash, not a problem with the metal or the mine — so she stays a conviction holder.
In short: An active high-conviction holding since July 2024 — its Zgounder mine runs ~40% above design capacity with >91% recoveries and a growing orebody (100M oz M&I silver); 2026 guidance 6.2-6.8M oz AgEq at ~$21.50/oz; just listed on Nasdaq (May 4) for institutional visibility. The site visit "only deepened our conviction."
Aya is a silver miner that Prins has recommended since July 2024 and still holds. She flew to Morocco and went a mile underground to see its main mine, Zgounder, in person — because, she says, you can only really judge a mining company by standing in it. What she found impressed her: the plant is processing about 40% more ore than it was designed for, recovering more than 91% of the silver, and the deposit keeps getting bigger as they drill.
The mine also runs on cheap, mostly solar/wind grid power, employs mainly local people (which keeps the community on its side for the long haul), and has plenty of cash. The big near-term event is that Aya just moved its stock onto the Nasdaq, which lets large U.S. investors buy it for the first time and could push the share price up. Prins says the visit only strengthened her conviction in the position.
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.