Post by
Morocco22 on Sep 01, 2021 3:34pm
This stock became Rigged
This stock is RIGGED; still within the range (9.90 - 10.10) whereas the silver price is going up (up 4% for the week), other silver miners are up by more. Any idea?
By the way, The C$70 Million of the bought deal public offering (Desjardins & Sprott) to partially support the purchase and development of Algold mine, the public should also know that the major owner of Algold was Benoit La Salle (Current President & CEO of AYA). WHAT A BLOW!!!!!!
Comment by
goldanalyst on Sep 03, 2021 9:01am
Hard to know what to say but the CEO did take the company for $2 to $11 I'm not sure why they did such a big financing...it wasn not explained but I am willing to give management the doubt as I started buying around the $2 level Time will tell if they did the right thing or the wrong thing....Sept 13th can't come quick enough as we will trade sideways to down until then
Comment by
Morocco22 on Sep 09, 2021 3:09pm
Explaination of the big financing was clear in the release: To finance the purchase of Algold which is owned by CEO of AYA.
Comment by
yogibubu on Sep 10, 2021 10:13pm
$14,700.000 was the transaction cost. $2.9 was cash--- balance -were aya shares worth $11.8m distributed among all shareholders of algold. At 3 bucks a share.Happened in feb . Dont think its rigged after the $ these gentlemen made us in Semaflo its not their nature. Bigger picture for the 70 m.
Comment by
goldanalyst on Sep 15, 2021 9:38am
I'm not smart ot figure all this out....I started buying this stock at $2 and just continue to add on weakness....I realize that algold and AYA have mixed business....but so far this CEO has performed well....maybe he knows something abiout algold that isn't obvious to the rest of us? WHo is this mafia you are referring to?