RE: Playing Dominoes and Monopoly: Bada123Bing: Yes, it is also like playing Monopoly. Investors want quality and will pay more for it. So the luxery hotel and residential strip of the Board commands a better price than the run-down districts. If ANX demonstrates growth and development and increased revenues and profits, the sheep will follow. I don't know why so-called investors wait until the price has already moved up 15%-20% or more before they decide to jump in and when they do, it is usually in a panic to get in when they could have bought-in ages before at any ridiculously low price when people wouldn't look at the stock and when it was being tossed away. It has always been that way. When there is a buying panic, the so-called investors come out of the woodwork or from under the baseboards thinking that it is finally the time to buy. The time to buy is when no-one wants the stock or when they think that the market is dead and that they shouldn't be in it.
I have also checked the market breadth and right now there isn't that much resistance in terms of pending sell orders lining up above the .12cent level. ANX also trades a bit on Alpha and market breadth shows very little in the way of sell orders there between .12cents and .30cents. The higher the price, in my mind, the less likely investors will be inclined to throw it away and will more likely want to hold.
In my estimation, ANX should be trading somewhere around .40cents right now based on expected returns both on the production side and on the cash flow net profit side. I will be continuing with my small buying program for a little bit longer because I think that even at .12cents, the stock is incredibly cheap, if you are taking a long-term 5-10 year perspective on it, even considering the risks associated with the price of gold.
I see great vibes ahead for the Company and it all suggests great upside to me.