To those buying AUN stock sub $1 level, you are doing the right thing, so I congratulate you on your astutue investing pactices....because:
YOU BUY DURING AN ACCUMULATION PHASE WHEN A COMPANY'S FUNDAMENTALS ARE UNCHANGED OR IMPROVING.
It happened before. After the Q2 conference call, the AUN stock price plummeted, with lots of moaning and groaning about water, shafter delay in commissioning, LR not good at PR, stock down mostly on low volume to touch .79 cents. What happens the week after that ---??? Price rockets, retailers who sold their stock screwed again; small retailer stock bought up by the Gold Juniors Index folks and other big players.
Deja Vu all over again. Q3 conference call; sour market for PM stocks; AUN stock price hit on low volume. More moaning and groaning about water, delayed Shafter commissioning, LR not good a PR, except now we can't trust him either. Gold Juniors Index Folks and other biggies still buying agressively even as retail small holders are "selling it all"
So you Sherlock Holmes out there - what do you think is going to happen next week and next month based on what our collective experience was the month after Q2 Conference call? Any patterns coming to mind?