Post by
fb454 on Nov 14, 2017 11:49am
Here`s why ALO is being punished.
This expert mining team obviously didn`t treat some banks with much respect when they chose Cannacord over others. I can`t find one Bank out there buying stock. They`re probably short and selling begets selling. Tax selling should take the stock below 3.00 on the NYSE. Some funds may start geting out then because they won`t want to show holding a losing position. If anyone believes in AP. , then perhaps buying on the down draft may be an option. If Q4 shows a recovery, The new year should see a pop.
Comment by
Goldhound3 on Nov 14, 2017 11:55am
Q4 will most likely not show a recovery as SF is running out of gold... This stock might be back to 2 bucks or .20 cents before the consolidation.. There has been nothing but selling going on ever since the financing at 6.25 and now there selling at 2.35 cents below the financing...
Comment by
fb454 on Nov 14, 2017 2:39pm
My friend, you forget that they`re moving this waste ore to get to more gold. San Fran will produce 80,000 per yr. until 2022. There is also further upside exploration. They release this in the new mine plan months ago.
Comment by
kkkrrr on Nov 14, 2017 4:02pm
Ana Paula has great underground potential ... the minelife could be much longer + higher grades .... i think the stock has lot upside from here....
Comment by
kkkrrr on Nov 14, 2017 5:21pm
q4 will be noit a great quarter but from Q1 18 and follow the company should do fine ... the NPV for ANA is well over 200 million USD and a lot of ounces should be discouvered underground... down the road the NPV will grow to 300 million USD+ only for this one project... and the capex is very low... there is no reason for such a low shareprice...