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Bullboard - Stock Discussion Forum Aldridge Minerals Inc. AGMIF

"Aldridge Minerals Inc is a Canada based company involved in industrial metals and minerals business sector. The company is engaged in the exploration and development of mineral properties in Turkey. It operates in various segments that are Corporate and Turkey segments. Their focus is on the Yenipazar Project, which is a polymetallic volcanogenic massive sulfide (VMS) body that hosts a gold... see more

GREY:AGMIF - Post Discussion

Aldridge Minerals Inc. > TriAct platform
View:
Post by Troyahorse on Jul 03, 2018 2:36pm

TriAct platform

And National Bank brings it back down to .065 and further down to .06

14:12:21 M 0.06   700 2 RBC 80 National Bank  
14:12:21 M 0.065 0.005 3,000 1 Anonymous 80 National Bank
 


Hard games being played here and not sure if it is for big investors to accumulate at low prices or to incentivate retailers to buy at higher prices and make them loose on their trades..
I personally stay put      No buying/No selling just waiting game
GLTA
Comment by Investorguy1234 on Jul 04, 2018 10:41am
Yup real hard to figure out the logic there, however the volume is so low and the dollar value so low that it really doesn't matter except on your statement. We saw yesterday that in order to purchase this stock in any meaningful quantity will require paying at least double to where it is today.  GLTA
Comment by Troyahorse on Jul 04, 2018 2:24pm
I am not a political guru and much less when it comes to a country like Turkey. Can anyone eleborate or give opinions as to the postive or negative aspects of Erdogan winning a second 5 year tearm. (Is this beneficial in any way to our Yenipazar project? ) Turkey's long-standing leader Recep Tayyip Erdogan has won a new five-year term after securing outright victory in the first round of a ...more  
Comment by ghayes on Jul 04, 2018 4:08pm
Hi Troyahorse,  you always favor the Dr.Doom scenario - so this information should put a smile on your face. From The Economist June 16th 2018, page 45. . "the collapse of the  turkish Lira which has lost one third of its value against the dollar since the start of emergency rule in july 2016, pushing inflation into double digits, has spared few people in Turkey. Ordinary folk have ...more  
Comment by Troyahorse on Jul 04, 2018 5:18pm
@ ghayes: Informative article thank you It’s just hard to stay positive as have a fairly large number of shares of AGM and require .31 to BE Any funding from foreign assets will come with a hard dilution to existing shareholders or a large royalty % IMO
Comment by ghayes on Jul 04, 2018 6:33pm
Well remember 36% of the shares are owned by 1 Turkish billionaire / ANT holdings. Also 68% of the shares are owned by 4 large institutions of which ANT is one. These guys want this to succeed. They don't want to lose money. There is no evidence of a big dumpout to leave the little guys holding the bag, or even a trickle. Trading has been minimal over the last three months. Just the market ...more  
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