RE:RE:RE:RE:order of 167,000 shares approx. placed today for $2.36firstworld wrote: Some people like me have changed strategy in light of the extreme cvolatility and massive general market meltdown.
AOI will be hard up for cash in the next years as all of Prime cashflow goes to the various projects...
My strategy too, but not with Aoi (too undervalued). Sometimes I trade around the core position, but this is a C$ 5-6 stock.
Primes cashflows goes to no projects, except some capex/drilling on the nigerian assets, which will raise production, fast payback, tax supported...
You can't talk them down to $2.30...maybe you need a new base for your swings ;-)