AAU 0.00% 0.4¢ antilles gold limited

Ann: Antilles Gold Entitlement Offer Closed, page-19

  1. 8,582 Posts.
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    If this company was managed better and aspirations were fulfilled as indicated in a timely manner, there shouldn't have been a need for a cr at these dismal levels regardless of share price manipulations. Sorry to be pessimistic but it's hard not to be, given how it has been communicated how valuable the assets are and yet SOI is at obese levels and still getting bigger and at these minuscule or even possibly lower trading levels going forward.

    Hard to see any major sp appreciation, as those who bought in the last cr will undoubtedly start flipping at a 25-50% sp increase. If or when a deal is achieved, this may move forward, if a mine is built it may move forward again and if profit from operations starts rolling in then it may move forward again - when one sees the end of those ifs is yet to be seen.

    If the first if hurdle is achieved, at least some of the pessimism will disappear. Ifs however, don't move share prices positively. So, we wait - not selling - if one has the nerve. smile.png
 
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