RE:Conspiracy Theory
Anx is in a good long term position. It has millions in the bank and a steady stream of income. It has no debt. It is progressing well at Goldboro (although we all wish it was bigger). There is no need for a partner to develop goldboro, no need for a major capital raise, good chances a lot could be done by debt financing. So ANX is not desperate. There are not signs of a major acquiring lots of shares here, Doum di Doum watches the transactions like a hawk and while there have been a couple institutions buying lately, there does not appear to be b2gold or abx buying for example. I think management is invested enough that they would hold out for a really good offer if there was a takeover or goldboro sale. So, I am not sure what the point of a downward manipulation would be. We have had lots of warrants exercised lately in the .45 or less range. I bet a lot of those buyers would be happy with a 40 percent plus profit on shares bought a few months ago. Regardless, if there has been a downward manipulation, I'm sure glad as I have been able to add on a bunch more shares than if this stock were trading at fair value! But what do I know. I am just long ag and au and see a huge potential in anx.