Alright...I will state upfront that I am in the 'our price is manipulated' camp.
Rightly or wrongly I am convinced that games get played with our baby.
Gold goes up and our baby trades sideways to down
Gold goes down and our baby goes up or down - must depend on the lunar phase- cuz I can't figure it out.
So, suffice to say the POG does not have a quantifiable affect on our SP.
Now I am no expert on the market and I would like someone's opinion.
I expected that the announcement of the SP TSX listing would do wonders for ARU. I was surprised when I did not read anything in either of the two major TO dailies about the TSX listing changes, but I still believed this listing would pop us up to $10( how naive, huh!). Now I see us going in the opposite direction and this makes me wonder....is it possible that institutions are driving the price lower all the while knowing that come Monday the gamesmanship will be more limited and the price will rise, making them some easy money?
Just wondering.
Helo