Its probably going to be a pretty ugly day in the market today based on foreign markets.
We will probably have unreasonable pressure on our SP because of world economic events.
I feel very positive about Aurelian though because of the following fundamentals:
1. Gold likely to hit $1000.00/oz any day (Maybe today)
2. Our resource is getting unquestionably bigger and at a high grade.
3. The political risk is lessoning as we get closer to what appears to be a workable economic model with govt. (All govts around world are now taxing resources any way, so Ecuador can be less singled out)
4. Inclusion in TSE Index
5. declining resources for the major gold producers and in mines with very high cost structure due to low grade of ore.
My sense is these are going to be the last few weeks where opportunity exists to still buy the shares at such a discount to real value.
Its certainly been an interesting ride the past 18 months for me.
Regards
Ahead12