Let's Hope The "Anaconda Bleeding" Ends Today In spite gold going through its great run, while other Newfoundland and Labrador Gold stocks have been moving up lately, Anaconda Mining is being treated like a "Black Sheep" as their stock has declined for nearly a month, and losing 1/3 of its peak November value.
If there is any Mathematical and Financial Justice, after Anaconda Mining discovered between $600 million and $5 billion worth of gold at Goldboro, this stock should be at least $5 - $10 a share, NOT 50 cents a share.
Its time for the "Anaconda Bleeding" to end.