Papertigger, the gold price has gone up at 10%, production costs have gone up at 20%. The net effect is for AQG is to lose on their gold production. Higginsville is bleeding, SKO has always been crap and by the looks of it, they're even managing to stuff up a gem like Frog's Leg. How much would you pay for AQG's Australian assets? I'd be hard stumped to find 10 cents of value down here. As things stand, Turkish miners are effectively subsidising the workforce and managers here.
AQG Price at posting:
$4.74 Sentiment: Sell Disclosure: Not Held