Good post holding until at least 3p before I sell any, a great investment here and the only downside was the placement and potential turmoil in turkey but not concerned over either personally, 1st gold poor around the corner then the penny's coming in then this surely will get a rerate. Not just surprised at the market cap here I am amazed.
With Ariana's first production of gold imminent, bolstered both by proving up more inventory-adding gold and by other ancillary investments, its value will increase, although perhaps not as quickly as it might have without the various placings - but as stoical investors who have seen the lows over the years, a few months more should be relatively painless, to witness the revenue; after all, this gem is more a long-term investment - and lest we forget, the year-low was 0.7, and the year-high… Read More
Just to add, if it was the political situation in Turkey holding the SP back then contrast it to MARL operating under the same political conditions. Sitting the winter out on this one and seeing if the altin price shoots up to $1400 to £1500 next year may help things here once production is under way. Although it is troubling as to why the SP seems to be being pulled down and not bursting forwards.
Forsterite, I doubt some comments on a bulletin board are going to alter sentiment in such a way as we have seen. I have neither lost faith in the company or it's management but what I do understand that this is and always has been a sentiment driven stock and I have seen that sentiment driven away many times here over the years by successive raisings. I understand money has been needed here like any other miner but I still feel AAU suffered with the latest raising with the mgt previously… Read More
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