It seems very odd in light of the fact that Alacer expects to meet guidance that the price would be so soft. Granted, gold producers aren't really moving much at all right.
Some news on the feasability study and what production for 2012 actually came in at might provide a catalyst as long as gold price can hold.
I saw that someone commented on this board about the capital and sustaining capital outflows and that this might be an issue. I totally disagree - free cash flow is not common in resource sector (particularly these days). In fact, Alacer is one of the few that seems to have a relatively STRONG free cash flow.
AQG Price at posting:
$4.12 Sentiment: Buy Disclosure: Held
