RE:Good News from the Scotia ConferenceNot good enough it seems: 'get some "broader" funding figured out for Esaase'
and only figuring this out in January?
The slides: https://s21.q4cdn.com/214525344/files/doc_presentations/2017/12/Scotia-Investor-Conference_FINAL_v1.compressed.pdf
So what is the problem now trading this beast?
It plunges with gold, which by itself may now hit 1200 lows until end of year or mid January,
where one expects the bounce to occur.
If this stock goes down further with gold, we may see all time lows again,
that is the current big issue here.
Yes, posted all along that its very much undervalued, now at 20% NAV?
I read that Muddy Waters may finally leave this stock for a new play?
Still .. nothing helps so far.
Company failed to deliver material news supporting a turnaround and more upside.
Analysts are voting this stock down almost ever other day.
Who is next?
I am getting a bit ancy here, dropped 65% of my shares when we failed 62c USD or 78c CAD,
while gold is pluging. And relatively to gold, well .. it could run down far further.
EVEN THOUGH stock was above 1.30 USD at lower gold prices.
Conclusion: No market support here at all.
Ok, sorry - too much emotions maybe, at leasy I could secure most of my funds w/o loss,
keeping some gambling shares here for the final bounce.
But surely not expecting anything before market gets a new attitude towards AKG.
When? At which price? Needs an outperformingh 4Q17?
Traded at their equipment costs?
Any other stock would have bounced already - but no, not this one :)
This was my 2nd entry, one failed at 80c USD, now 61c USD failed,
next one logically will be 42c? ROTFL .. Three times a charme.
Since they are not (yet) bankcrupt .. well, should bounce after all tax loss selling deadlines,
which are .. 27th December I read? Correct?
Good, vented enough - thank you.