Loading ...I made good money on this one when it was running up. After Gold peaked in August and it started dropping I sold it all. So now I was researching it, and all numbers say its very under priced low p/e and a dive too and just dead not going anywhere. One poster wrote below his thoughts.
“If you look at the chart you will notice a similar pattern daily. This stock is being shorted & manipulated via machine trading with set algorithms to stop a significant increase. Just to test this i started shorting a small number of shares every day in the past 2 weeks and everyday was profitable. I have over 10K long but I believe this is what we are up against. We need a significant event to squeeze the shorts out here.”
Comment:
Maybe this is the problem. “The Company has operating gold mines in Mali, Namibia and the”. It may be worth watching if Gold starts back up. A lot of boredom with Gold miners since August.