The last two and a half months of activity seems to suggest to me that the market has not yet gotten excited over the upcoming merger. The problem is also that the Copler mine guidance for this year is not as good compared to what has been expected, with production attributed to the company being around 280koz. Nonetheless, excellent prospects for gold and silver going forward, and the oil price seems to be retreating again. I think once the merger is implemented, more investors will jump in.
Cheers, Brian
AQG Price at posting:
$8.80 Sentiment: Buy Disclosure: Held