RE:Don't tell me this stock is not being manipulatedIf you look back to the first run up in price this year split adjusted we were above $5.50 and tested down over 33% to around $3.50 over next three months.
Same to date this time down 33% $18.30 to $12.30.
Most likely just a current lack of true buying interest and the delay in closing the private placement in Brazil. Its definitely disappointing but year on year shareholders have still done very well.
Don’t think I would call it manipulation.
At some point the solid growth in production at Aura, soon to be back over 60K Oz per quarter, the new mines and enhanced reserves will be recognized. Obviously coverage by a North American Gold analyst would be a positive.
I still think it’s early days for the next leg up in copper and gold prices. These prices will be tested as always and we should not expect a straight hockey stick run up in gold or Aura.