RE:RE:Why The SP drop? I went and added a bit at $2.19 today as I had a nice pop in another stock and sold off some.
Obviously not the ideal entry point given the closing price but I'm happy to have added regardless.
As the drills keep turning confirming these robust deposits and it continues to derisk through permitting I can't think of a better stock to own given the fundamentals short, mid and long term..
For what it's worth. 8 analysts covering this stock with and average estimate of $4.07 (from what i can tell) representing a 100% return from here.
But there has been a recent downgrade though...
(TSE:AZ) had its price target lowered by investment analysts at Scotiabank from C$5.00 to C$4.50 in a report released on Monday...representing a 120%+ return from here.
The private placement with South32 @ 20%+ higher is the truest indicator though...they now have skin in the game too and they could have invested in any other company they wanted to.
GLTATL
S