From Today's Seeking Alpha Re AUQGold Miners
One of our recent picks was AuRico (AUQ) which has risen smartly in recent sessions as the countdown to QE3 began. Currently shares trade at $6.34/share after having risen $0.48 (8.19%) in yesterday's session. It is our belief that the company is worth roughly twice the current market price, and this is based on their actual assets - the properties. Shares were recently battered after the company actually put numbers to the previously disclosed production issues at their mines, but this should be rectified which is what we think will be the item which will play the largest factor in the market revaluing shares. Either that or another operator who thinks they can run the mines better steps in, and shareholders are not going to sell out cheaply here. This is a medium to long-term investment with an attractive entry point here.