RE:RE:RE:Insiders keep dumping = No GOOD News!psych01 wrote: Ok--we know the day of reckoning looms, and we know that AR must raise the SP somehow---there are limited options since the market for reasons rational or irrational it matters not, refuses to do so. Debt refinancing is the discussion. IMO
yes and the CEO stated that he feels the SP at $.40 was way undervalued (someone had posted an interviev of him calling for a $1 +++++ fair value SP)
In the short tearm with the NR re;AISC was a bit of a kick in the teeth to some SH thats why they sold it down to $.215 ....no need to go over why or why not it should have gone that low, anyone who is interested can go back in the postin history and get caught up on the arguments!
now if you have a more of a mid to long tearm view as i and some others here do ( was never in this for a quick in and out ) then with whats happening to the POG minig efficiancys more equipment higher throughput ..etc. then forward looking mid to Long tearm we will dramatically cut down ASIC expand reasources (mine life) and with that view this will be a low cost cash cow in the future.
either they will keep increasing profit Q over Q and get a fair multiple and SP will reflect that or a major will come along and pay a premium to purchase AR with its Fully permitted operating mines that are located in a stable country's.
think i saw an interview with the newmont or alamos CEO recently where he mentioned that even in mining friendly Canada/US its getting harder and harder to get thru the permitting stage to even be able to build a mine..... so what kind of premium do we attach th SP in tearms of a buy out offer if one comes.
if i was one of the big guys..(Berrick/Newmont/Agnico....) i would seize the oppertunity before POG hits $2500 and AR gets all the problems worked out and make an strong offer now thay may get lucky and there are enough disgrutled shareholders that would vote yes and take a $1.50 for their shares ???