RE:RE:RE:RE:RE:RE:RE:RE:Interesting intraday trading. auburn2,
If you think that I am a hack or a shill, wrong answer! It is called being a serious investor, and I do tons of due diligence on my stocks.
And since I am a contrarian investor, I enjoy posting the results of my analysis because it often upsets the apple cart and goes against conventional wisdom. Consider the case of Orvana Minerals El Valle mine. The following graphic shows the calculation of profit margin per
tonne of ore based on a regression of the last 5 years of mining cost data as a function of mine throughput and average gold head grades. The green areas show areas of free cash flow, and given that El Valle is running at 1888 tpd, the odds are that EVBC reports a profit this quarter.
On Alio Gold, my assessment is that they have a showman as CEO who has the capability to use the accounting rules to his advantage, is not afraid to print shares, and has put his money into a glitzy web site. Whether that is enough to push the ALO stock price higher time will tell.