Just a few weeks ago , ARU = 37.00/share
The manipulators of this stock coud not afford to let ARU pass 37.50, because if it did, it would have taken off to the high forties if not the fifties.
This stock should be trading in the sixties by now, but instead it's trading at 26.00/share, talk about a bargain.
Again, Ecuador is not going to nationalize their mining industry, yes,they will negotiate a higher royalty, but one similar to other countries. Does this sound like incredible political risk to you?
This is the single best gold junior company on the planet and it has been through the meat grinder too much to be coincidence. Why didn't this stock bounce back to at least the thirties after that false news story? Because it was hammered back on purpose! It is being played like a fiddle...
There is no good reason ARU should be trading at 26.00 other than to totally destroy the shareholders positive feelings for this stock.
It is not the political risk that has been responsible for the low share price but the manipulators who have scared off buyers.
ARU shareholders will get the last laugh, however....