Adanac Molybdenum Corporation AUAYF

RE: More than a little disheartening

[boyon]

If you look from Jan 1 2006 the TSXV was at about 2200, it goes to 3292, about a 50 percent gain and then comes back as you point out. In the same time period AUA goes up 4x from about 60 cents and then drops back to $1.16. This tells us that the beta coefficient of AUA is greater than 1; it is more volatile than the index. It makes sense that most individual listed companies have higher than 1 beta values and are more volatile than the group risk or the pool of risky stocks, the TSXV. Some people maybe selling as they believe there will be no news on permits and therefore no increase in SP coming soon. I am holding and adding but expect to see this flirt with a 1.00 before news