RE: RE: RE: 0.065 cents today. Stack - there could be several reasons for that...
1. Rokmaster is a fairly new company with far fewer shares out there - and probably more tightly held than AMG - so it doesn't take much for the stock to go up.
2. Rokmaster management has an extremely good track record - and again, holds a large position in the company. If they do half of what they did with Rio Alto, both Rokmaster and AMG will go up substantially.
3. Rokmaster started with a very low market cap - which has now surpassed AMG's. Its market cap can't be too much higher than AMG's, considering the JV terms - so let's see what happens if Rokmaster keeps climbing.
I think that once newsflow begins on Pinaya, assuming the news is pretty good, both of these stocks will start moving quickly. Until then, AMG will do nothing (but i'll still slowly be buying more) and Rokmaster may keep creeping up.
I'd like to see AMG management start buying more shares. I'm guessing they weren't allowed to over the last few months due to negotiation of the Pinaya JV. I want to see them aggressively go into the markets and buy shares.