RE:RE:RE:gold under 1300Trallalainvest wrote: Im bullish on gold I love gold the market is bearish. I follow where market directs me. Id have to get charts and look at all other macro data for pricing. I just know markets are in bubble and they keep blowing it up. Election could cause bubble to burst or keep getting blown up more. Gotta kind of play it as it comes. AGC future looking fundamentals are good im not worried about that. Its the market thats nuts and irrational. AGC was trading at $0.04 about 7 months ago. Since that time they did get Permit but are still a long way from prodution. They arnt making any money so every q statement will be negitive in terms of cashflow. As for CVV i put position on more as a trade they had massive sell off and I see the value in the land. Im just waiting for a positive article to come out to prop it back up. I have sell order just waiting to chime. After then I have more capital to put into AGC when time feels right. Im on your side 100% but unforunatly I need to be on markets side more :( cause market will give money or take money. I need it to give me money :) and you too
Looks like I was wrong on my target. I didnt think it was going to drop so far. As far as the company having negative cashflow. Well yeah that is what you get with any pre production mining company. Im not really worried about their money situation. The company has said that they have enough until after they release the PFS. Then they would look at doing a financing in order to fund the BFS and drilling. If the PFS is as positive as we think it will be the stock should go up quite a bit before a financing is done. Here we are at .34 that is a 50% retracement from the high of .68. That is a nice healthy pull back after its epic run from .04 cents. So hopefully this will get some support here and can start to move back up. After they get this updated PFS out and commence the BFS the finish line will be insight. Thats when I think someone gonna come knockin on the door. More good days are coming.