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Bullboard - Stock Discussion Forum Aldridge Minerals Inc. AGMIF

"Aldridge Minerals Inc is a Canada based company involved in industrial metals and minerals business sector. The company is engaged in the exploration and development of mineral properties in Turkey. It operates in various segments that are Corporate and Turkey segments. Their focus is on the Yenipazar Project, which is a polymetallic volcanogenic massive sulfide (VMS) body that hosts a gold... see more

GREY:AGMIF - Post Discussion

Aldridge Minerals Inc. > Ant decreases their ownership
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Post by Investorguy1234 on Oct 05, 2017 9:43am

Ant decreases their ownership

by selling 16 million shares at 0.20 ? Now that the land acquistion is all but complete, why are they divesting their position? Seems like a buy high and sell low strategy. I wonder if by selling to this Turkish party privately, we are bringing on a new partner with certain skills beneficial to Aldridge. there is certainly more behind this than a need for money. 

Anyone have some insight on this issue?
Comment by Troyahorse on Nov 02, 2017 3:31pm
Hard to get information on this stock. The traiding volume is always low with a one day spike every few months or so. Stock trades 1 -2 days per week at the most. Does not seem to me there is a lot of retail investors and the larger ones do not post their intentions. Hopping for some news in the next 4-6 weeks for land aquisition 100% completed and some new development on the project. Will like ...more  
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