A1M 4.05% 35.5¢ aic mines limited

what is wrong??, page-10

  1. 4,900 Posts.
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    TTG

    Good Post

    I agree the risk remains with the approval but if I have my facts right form previous conversations IAU are not seeking approval to mine they are seeking a change of status of the forest.

    I have been with this for over 4 years now and since the capital injection this stock has been well in the sights of the traders with programmed buying/selling capabilities.

    At the end of the day I think most of us who know the story are holding on very tightly and these price drops are being exaggerated for gain. Those Investors who bought in at $1.77 in the CR I'm assuming did there homework. Those who have bought in at a higher price should see this as a great opportunity to average down.

    This mine has the potential to become the the 5th biggest mine in the world of it's class.

    In all likelihood it's going to take billions of $$ to get it up and running so I see that someone will make an offer for Tujuh Bukit and that bid will be north of $4.00.

    Of course people who are buying in at these levels have got to do there research and determine if the story fits.

    I'm hanging tough for the long stay.

    Cheers
    BW
 
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