TSXV:AUN.H - Post by User
Post by
Baer1on Mar 23, 2014 11:57pm
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Post# 22358373
Morningstar vs Lenic
Morningstar vs LenicMorningstar analysts rate AUN as "F' for profitability, "D" for financial strength. Remind me again why Lenic is being paid over $3,000,000 per year??? Any company that rewards failure this richly is beyond poorly managed. FWIW, I sold half of my stupidly large position, just so I could deploy it elsewhere (someplace I could make money instead of loosing it). I still hold a large position, and am hopeful that someone that can manage this hole will buy it out at these valuations. The metal is in the ground. Lenic can't get it out profitably. It is time for someone with mining knowhow to take this asset and make some money for shareholders.