RE:Bets in. This is a Casino.Spankie wrote: So I put 5k down, wound up with 66,666 and a bit of change shares. 0.075 aps. Crazy fluke....
I understand the risk. But this is overblown now. Just really horrible timing to mess up so bad. Silver will bounce when it does the mines are there and so is the silver.
So many scam stocks out there with no assets and no results and lots of debt. AUN has assets, results and debts. Just really bad luck a tainted name and board members that dont instil confidence.
All bets in?
The entire stock market is a casino. Just ask the shareholders of Netflix, Twitter, Hexo, etc. etc. etc. There are no guarantees.
But you are right...AUN either goes up or belly up from here now that we are at rock bottom. It's a big gamble. And it's gonna take a lot of buying to get back into semi respectable territory.
The silver is in the ground, we have an existing mine...but that's about all we have at this point in time...at least as far as we know. If we were to get the financing we need, hire back skilled workers, access issue resolved and silver prices in the $30 - $40 range, the stock could easily trade over a buck again....without a reverse split. But it's a long shot. There are a lot of "ifs".