Stockhouse members have their say as we feature today's Top Poster, Bullboard, and Blog, and recognize noteworthy contributions from our community
Top Bullboards post:
“Thus, based on my revised financial model, AUN fair valuation based on reserves at current silver prices should have increase from .53/share to $1.70/share based on the reserve increase from roughly 50 million oz to now almost 165 million oz (including Shafter), which is quite significant. The market was already pricing AUN at a premium to the .53 share price (price before halt was .94/share), which means that analysts were already likely expecting a resource increase at La Negra, but they were expecting an increase to roughly 40 million ounces at La Negra, not 115 million ounces. A conservative price target is thus $1.70/share before the end of the year at current silver prices. However, it is likely that we'll see an additional upward price revision once Shafter is fully functional (hopefully in 2013), plus a rumored resource increase at Shafter as well.” From NRG87 on the Aurcana (TSX: V.AUN, Stock Forum) board.
GoldQuest Mining (TSX: V.GQC, Stock Forum) received the second-most reads and posts.
littleguy123 writes about what he calls the U.S. ‘prison economy’, which is secretly growing in the Outside the Market blog.
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