TSXV:AUN.H - Post by User
Post by
angler21on Jan 22, 2008 7:50am
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Post# 14240423
Trying Times
Trying TimesThe market is the market and these are certainly trying times. Fear has stepped into our decision making. For every seller there is a buyer but to sell off at these prices companies that were undervalued in the first place --
Aurcana last year was a golden child with small share holder base. Los Verdes was brought up quickly. As soon as they got in production they went after another company and issued a whole bunch of shares. The new mine was bought and we have been carrying the dead time and the cost. This year surely is the cusp. Los Verdes is now starting to yield the revenue. Commodity prices have dropped but not in everything. Their is still demand for them. Our 43-101 was good and theirs lots more resource to come. I held and I will continue to hold. Nothing the matter with the company and you can certainly average down the cost if you have cash. As to the world out there - we will still own our homes - times may be tough but life continues. It is an international world now - not just the US.