TSXV:AUN.H - Post by User
Post by
nihiliston May 16, 2013 8:56pm
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Post# 21411811
valuation
valuation If I read the numbers correctly, AUN is trading at about 8x trailing earnings. I'm not familiar enough with the company to do a NAV valuation, but everything in the company is growing. I see that the sp has been slammed, but if you're underwater this looks like a good time to average down. Silver prices didn't soar with gold, so they shouldn't collapse with gold. There are a lot of industrial uses supporting the silver price. In my opinion, this is a buying opportunity and the price collapse looks like a cascade of stops being taken out.