Good announcement, good AISC and good cash flow. investor interest at an all time low!!!
Looking very weak at the moment for such a tightly held stock @Drugo.
Production downgrade not so good, but quite a few peers have done the same recently and RED is one of them and their MC is $400m + still. Higher AISC then us and a much larger production guidance downgrade then us.
i guess the Difference between RED and WMX is once the instos got their fill on the cheap they gave the stock a good re-rate. Our holders seem to lack the ability to do this, but I understand that if there was any sniff of the most recent CR in the air no wonder the stock got hammered. The big end of town don't support a stock unless they can buy in for a fraction of the price retail have to pay. Such is life!!
WMX Price at posting:
$1.37 Sentiment: Hold Disclosure: Held
