RE: RE: RE: IR The content of the news is meaningless, but the news in itself is the exclamation mark.
AVR failed to deliver the goods for more than three quarters, AVR can't get their guidance correct, loss contractors, more excuses on supplies, diluted the positions three times in six months, hedged production au oz with call options, and then took off with the money...lol.
Investors in the thick of things know what kind of ownership is running the position, and know there is little value left in the coming quarters...its been spent...hedged...leveraged...bought/sold...diluted..and there is little resolve left to raise more money.
AVR could sell, merge, reverse split, drill up more measured and indicated, but cannot produce enough to maintain this years guidance. It is a lost leader.
The question is where did all the AVR money get transfered?
How many Stan companies are out there....?