Ready to Bounce Off Major Lower Trend Line From 2013AUY is now at the major lower trend line. Extending the upper major trend line to 2016, expect to see AUY in the $5.00's. Pretty well doubling from today's $2.40. It's also now way below the lower bollinger band of $2.64 and should bounce to at least the upper bollinger band of $4.39. The Weekly RSI at 20.37 is screaming out oversold and ready to rally! Don't listen to MaterialsGirl... I think she's working for the shorts on Bay Street. Trust the charts and fundamentals. Price to Book of .33! Enterprise Value/EBITDA of 8.0 is attractive (anything under 10 is good value), $500 Million per year operating cash flow excellent to pay off debt, growing low cost production ounces, new mine to start in 2016 of high grades. Sell off of Brio Gold for cash. Low AISC around $850. Technicals and fundamentals screaming ot buy now while you can at these prices!
