TSXV:AUN.H - Post by User
Comment by
zzthnxon Mar 30, 2012 10:01pm
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Post# 19742238
RE: Four years later
RE: Four years later "If anybody had told me that AUN would sit at eighty cents after four years and mid tier status I would have never held these shares."
Exactly the point I tried to make several times way back when, Matt, and go nothing bu flack for, and why I will never again take a buy-and-hold approach with Aurcana. I held steadfastly for years while the stock price descended all the way down to $2.00 a share to around .08 cents in 2008 from a high of almost $2.00 several years earlier. Then, as soon as things start looking better, they execute those financings for tons of millions of shares, which in my opinion were ridiculously low priced. Sold again today. After reading Rok's posts I'm thinking maybe warrants might be the best way to go with this company. Cheers, zz