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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. > House 2 RBC
View:
Post by Troyahorse on Sep 14, 2018 6:28pm

House 2 RBC

Sells 25,000 shares at .09
As there is no news after the closing, do we think RBC knows what is coming for Monday?
The bids closed at .055 however the asks are still at .12 ?

Pretty scary to be honest
GLTA
Comment by Investorguy1234 on Sep 17, 2018 9:15am
No idea what to expect. There are so many obstacles to doing business in Turkey in this present economic and political climate.  i just can't see there being a positive result in this case. Of course i am only guessing.  GL
Comment by Troyahorse on Sep 17, 2018 9:55am
@ Investor: i thought you were pretty optimistic that this guys wanted to make it a success . Right now AGM is a company that borrowed 40M to buy farm land with no backup $ to continue operations. in real life no one will do anything like this IMO So now what do they sell the land back at a premium or at a discount? Maybe the farmers will not want to buy it again as they have already move ...more  
Comment by Investorguy1234 on Sep 17, 2018 2:45pm
Hey Troy, I was always optimistic up till last week, now i'm a realist if that makes any sense. I still think that the company wants to make this a go. I believe the money was lent to acquire the property with the hope that someone would have an interest in what lies beneath the land. Never a problem with financing in the past but mining has really fallen out of favour and being in Turkey ...more  
Comment by Troyahorse on Sep 17, 2018 4:18pm
Recent Trades - All 3 today Time ET Ex Price Change Volume Buyer Seller Markers 15:36:56 V 0.12 0.03 3,000 99 Jitney 9 BMO Nesbitt K 09:30:00 V 0.115 0.025 1,000 80 National Bank 1 ...more  
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