TSXV:AUN.H - Post by User
Comment by
JonEcashon Oct 14, 2006 10:11pm
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Post# 11504626
RE: Another one to watch - curbside
RE: Another one to watch - curbsideYeah SKE is quite appealing based on the potential of the properties they hold and the fact that drill results should be out soon. With Ron N on that board you know that they are being run well. The only thing is I prefer stocks that are a little more under the radar and not as volatile based on speculation. SKE's gone up pretty fast already. With the way the markets are going right now, I also feel safer in the companies that are going to be producing rather than just exploration plays. Since they will have defined value and cashflows to fund future exploration. So if you guys are looking to diversify into another near-term producer that is undervalued right now have a look at AUQ. It can be had for around 29cents and it's to be producing gold by the end of this year along with drill results in Nevada. There's plenty of good DD in that thread along with reasonable valuations of anywhere between $0.60 to $1 before 2007.
Sorry if I'm talking about other stocks, but I'm just so comfortable and loaded with AUN that I don't really think about it. I don't think it will move as soon we expect though since the production is a little slower than I initially thought. But once it does and they firm up additional resources, we will have heavy fund buying rather than just retail IMHO. GLTA.
J$