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Bullboard - Stock Discussion Forum Alhambra Resources Ltd. V.ALH

A gold exploration company

TSXV:ALH - Post Discussion

Alhambra Resources Ltd. > Is this a joke?
View:
Post by radical1 on Nov 29, 2012 10:50am

Is this a joke?

I have held onto this this stock for years . Yes years. I have always held out the hope that maybe this "pennystock" could be a big winner. Have I been wrong,These companies are trading where they are for a reason.New management, new discoveries  but nothing else new except new lows.What the market is trying to tells us is that no one believes in this company any more , I am just hoping that we get new group buying into this story so that I can get out and buy into many of the proven quality companies because this is a joke.
Comment by Kid_Scythian on Nov 29, 2012 12:06pm
 Don’t despair; the light at the end of the tunnel is in sight, -
Comment by radical1 on Nov 29, 2012 12:15pm
Yes but I have been in this tunnel a long time and I think I hear a train.......
Comment by Storck on Dec 03, 2012 6:30pm
I'm in that same tunnel, Rad. Been here long enough to have seen $2.50-$3.00 in 2006 with hopes at the time that it was just the tip of the berg. Here we are 6 years later and a run to $1.00 would seem like a miracle. Elmer Stewart has been the one constant that has kept me believing that ALH will take off one day (that and the Kid's ever-present optimism on this board!)
Comment by sancab on Dec 04, 2012 6:53am
bottom line is ... they need funding  to develop new processing plant.   cost is $100MM.   to raise $100MM @ $0.25/share, they need to sell 400MM shares   but mgmt is trying to release positive PRs in hopes that it'll catch the attention of investors and trigger a share feeding frenzy. since no one is selling @ $0.25, the price will go up. and when the price is up, this is ...more  
Comment by puma1 on Dec 05, 2012 7:59am
the mine project could be built by cutting a deal with a Chinese company to pay for it for say a 30% plus interest in the whole thing. there are a number of examples of these types of deals coming forward.   they continue to eak out some cash woth the mining but their payables are still there. the govenment is still somewhat hostile but moving slowly. that WTO comment was very interesting imo ...more  
Comment by nowayout on Dec 05, 2012 12:15pm
Below is a news release from June 2012 regarding WTO   U.S. Supports Kazakhstan's WTO Bid 2012-06-09 04:20:05 Xinhua Web Editor: luodan The United States supported Kazakhstan's bid to join the World Trade Organization (WTO) by the end of 2012, Deputy U.S. Trade Representative Demetrios Marantis said Friday.   The United States supported Kazakhstan' ...more  
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