GREY:AVGCF - Post by User
Comment by
brieferon Jul 16, 2012 3:16pm
212 Views
Post# 20118329
RE: RE: RE: RE: RE: RE: Latest Options
RE: RE: RE: RE: RE: RE: Latest Options Once the institution declare through share selling that they have lost confidence in management big trouble is brewing. If CIBC is in fact dumping for one of the institutions that perhaps wanted current management out then this is not good.
I have no idea why the dumping is taking place other than Canaccord has lowered the target from $1.75 to $1.25. This again is not good as Canaccord just reinterated their buy & target no that long ago (Ithink memory only). As I said until management gets the contractors back on site & complete the mill options were premature IMO.
Perform & get the SP moving in the right direction first then reward yourselves IMO.