would it take a group to do this???
doesn’t matter to me. As long as Auryn keeps moving forward on this I think we’ll all be fine.
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Not at all, don’t own a share. Got out at .0135 with a cost basis of over .08.
Would not consider re-investing until share count is under control (and it may never be).
The difference between .007 and .0069 is meaningless unless you are trying to sell +10 million shares or so.
Don’t know why some worry so much.
Getting the price under .007 is the goal.
The price will hover in the .006s and a few weeks later they’ll move it into the .005s
Since they did their heavy selling at .008, they would start buying back on the next round of news,
They are making big percentage gains
This is the game being played and it sucks you took a loss
There are people invested in this stock that have more money into it than some can ever imagine.
This Les Price guy really did a number on us and I can’t understand why with what most believe the mountain holds in mineralization
He is a sick POS and I hope he goes to jail, takes it where the sun don’t shine and then hid soul spends eternity in a very hot place with many of his kind
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Take a few minutes to study the bid, ask, and trades today. Notice the oversell to the bid that resulted in the ask moving down to .0069 only because the seller tried to sell more shares at .0069 than the buyer was looking to buy and that oversell became the new ask. If the seller was trying to manipulate the price down he would have sold the shares he was unable to unloaded at .0069 at .0068. He actually had enough shares to take out the .0068 bid and sell into another bidder around .0065.
I’m not saying that manipulation is never happening here but today, to me, the trading was just based on buying and selling. The buyers would have liked to buy for less and the seller had his limit on how low he would go. If the seller was trying to manipulate the price lower he would have sold lower.
I know I got a bad vibe when I met the guy. Came off as a shyster, I even wrote so after I reviewed the shareholder meeting a few years back.
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Indeed…well said (and reasoned)
Easy. I’m not sure if this post is a question or statement but I fear your expectations re: an IPO are wildly misplaced. It’s hard for me to understand what you are saying. It aint going to be very easy to raise a red cent at this stage of the game. Investors need a two year time horizon to maintain any sanity. I’m currently in Peru meeting with a company that’s “producing” ( bulk sampling) three times MDMN’s 2017 projections. The company has a $30M market cap. I appreciate the variables but for the folks around her looking for a quick hit. Come back to TMP and this investment in 24 months if you want to avoid the heartburn.
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John so you’re saying we won’t see any SP movement till 2019? I don’t see that based on what Auryn is planning such as IPO and a possible JV with a major.
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" I’m currently in Peru meeting with a company that’s “producing” ( bulk sampling) three times MDMN’s 2017 projections. The company has a $30M market cap."
What’s the name of the company ?
If,there that good,they should promote their company, for the sake of their shareholders.
deleted by poster…
Indeed Les Price is the one who should pay a very high price for his deception over decades of deceit!
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Kinda went from extremes in Chile. First they we’re burning up, now they’re flooded out. Still a million people without drinking water
Chile catches the brunt of El Nino…
JMO, but I think we will recover in a year or two.Twenty/thirty cents no, but I do think we will be back in the penny’s.
I think the property will play out nicely, Auryn will be a great partner, all of LP and JJ’s bs will continue to haunt us and keep the price down.
Hoping for the best
Reputation and trust, so easy to loose, and so long to regain, but at least we are in good hands now, we should have done this deal years ago.
I feel neglected…I need a hug…Or better yet some new photos…Or even better than that a production update…Or both…Lighten up everyone, we are in this adventure together. Although it would be more fun, if we were finally trading over .01 again…
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Some think we won’t see any SP movement for another 1-2 years. Which I disagree very much but that’s jmo
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I’m sure there will be some movement, but if you’re planning on getting to 5 cents in the next 24 months, I agree that you’re setting yourself up for disappointment. It’s going to be a long uphill battle.
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I see at least eight potential catalysts for upward movement in the stock price. The timing of each catalyst of course is still up in the air, but I do believe each catalyst if and when it happens will build on the prior catalyst propelling our stock price upward each time. JMO
First, Auryn proving up more reserves,
Second, Auryn going into regular production,
Third, Auryn producing regular positive cash flow,
Fourth, a resolution of the fraud perpetrated by Les and return of majority of those fraudulently issued shares,
Fifth, Auryn successfully completing IPO
Sixth, Auryn completing a JV on the copper fields,
Seventh, Auryn declaring a cash dividend.
Eighth, new highs in commodity prices
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Few other potential catalysts…
- Bring the Lampa mine into production
- Bring one of the LDM mines into production
- Drill a hot hole somewhere…
- Medinah doing a share buyback after receiving cash from Auryn
- Auryn gets some really good media exposure
- A large buyer simply shows up.
- JV partner starts a very aggressive exploration program
- Auryn builds gold processing plant
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