RE:CopperWestcoastgold wrote
Many of us have owned AOT for a lot longer than 8 years!
What I don’t get is why you still own it?
There are numerous gold stocks trading at 30% to 70% of there 52 week highs (same as us).
Pick one of them instead, you’ll do so much better.
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"What I dont get is why you still own it?"
He owns it because he is a massive bagholder who borrowed money to buy his AOT shares and does not want to take a huge loss. The interest on his borrowed money keeps mounting and his AOT shares keep sinking. That is why the little fellow is so salty.
Of course loud mouthed fools such as himself never take any personal responsibility for their mistakes and blame everyone from their "Cuzs" broker to management etc, etc.
While i am sure management has made some mistakes they also are moving the project along in a relatively short time and have secured financing to get the project producing and making profits. They have issued a lot of shares to finance the project but that is what happens all the time with junior miners especially small ones like this that have no other source of income as they are not producing any gold and have to rely on the markets as their only source of funding.
True Fool is learning the hard way how junior mining stocks work. Only problem is he is to dumb to learn anything and will likely soon sell out at the bottom and be off to ask his "Cuzs" broker from somewhere out in Alberta for another stock tip. Maybe he will get him into some Bitcoin and Tesla.