Post by
longagau2 on Jul 31, 2021 11:58pm
Another Taylor Dart article on Seeking Alpha
His conclusion, as always: ANX will be a buy if it drops below a price we will never see again.
My analysis of this article: ridiculously superficial. Completely misses Goldboro exploration to Dolliver Mountain, Tilt Cove and I think overestimates time until production by a year.
Comment by
DoumDiDoum on Aug 01, 2021 7:47pm
Here is the link to the article : Anaconda Mining: Digging Into The Q2 Results You might not like his conservative side longagau, but you must admit that he is pretty close to the fair valuation given by the market.
Comment by
Dipdip on Aug 02, 2021 1:02pm
I think 15 million US valuation for Newfoundland assets is out to lunch . Then discount it 45% . Operating mill, tailings pond, I think cash flow of approx 15 million Canadian last year , potential development of Stog'er tight , etc etc . Sure they had some issues transitioning to argyle , but that should be behind us now. My 2 cents .