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AuRico Gold Inc. Ordinary Share Message Board

jack_baron 32 posts  |  Last Activity: Mar 4, 2014 11:18 AM Member since: Aug 29, 2012
  • Reply to

    Auq reports 43 cent loss

    by goldnogood Mar 3, 2014 10:48 PM
    jack_baron jack_baron Mar 4, 2014 11:18 AM Flag

    crew, is the 43 cent loss the cap costs, which are essentially over now? Thanks for response

  • jack_baron jack_baron Mar 3, 2014 1:30 PM Flag

    been, huge, weakening, sorry about the typos

  • jack_baron jack_baron Mar 3, 2014 1:29 PM Flag

    Crew, I am concerned the last few days AUQ, PPP, BRD and others have not be closely linked to the movement in gold price. With the hugh up today in gold PPP recovered a lot, but not all, of lost ground but AUQ is still lagging. PPP should be over $7 at $1350, AUQ should be about $5.75, imo. I would still rather be in miners with increasing gold prices, but this seeming weaking in the linkage on the up swing, (but not on the down), is concerning. Your thoughts?

  • Reply to

    AUQ is a huge dud

    by seano24 Feb 18, 2014 3:38 PM
    jack_baron jack_baron Feb 18, 2014 9:27 PM Flag

    12-23-2013 AUQ $3.50 today $5.20

  • Reply to

    This company

    by tradeblazier Feb 12, 2014 5:20 AM
    jack_baron jack_baron Feb 12, 2014 1:12 PM Flag

    I agree but you still have to take notice that he called the bottom, and did it a significant distance ahead of time.

  • Reply to

    This company

    by tradeblazier Feb 12, 2014 5:20 AM
    jack_baron jack_baron Feb 12, 2014 11:23 AM Flag

    Trade, you correctly called the bottom on this stock at $3.50 (albeit for the wrong reason). There was nothing wrong with this company - it was all the price of gold. I wish I had listened to your call on the bottom and loaded the boat at $3.50. AUQ is up 48% since Dec 23, 330% on an annual basis. Falling in love or fallling in hate with a stock will cause you to lose money- and if you, like me, didn't load up at $3.50, YOU lost money that you should have made. However you state above that you have better places to put your money. Man, please tell us where... your money is that has earned 48% since Dec 23. Show us that and you're a genius.

  • jack_baron jack_baron Feb 11, 2014 4:30 PM Flag

    crew, ppp has done just about as good if not better than AUQ. 11-19-2013 Gold was 1270. AUQ was 3.99. So the market in Feb. has judged AUQ as a much stronger company/much stronger future than in Nov. Tradeblazer was correct in his bottom call. Although I own several thousand shares I should have loaded the boat at that bottom. Months ago I twice asked Trade why he had such a negative view of the company, calling it a POS. He never gave me an answer for his reasoning. If you call a bottom, isn't that when you buy??? It was the price of gold, not the company, that drove the stock down. ,If gold climbs to $1600 which it very well may, we will be kicking ourselves for not loading the boat. I would sure like to know what Trade considers to be the top for AUQ. Crew, I appreciate your following this stock and your comments.

  • jack_baron jack_baron Aug 19, 2013 11:18 AM Flag

    Good to see you back crew. I should have bought a bunch at $4.

  • jack_baron jack_baron Aug 14, 2013 10:56 AM Flag

    rather a silly post. AUQ has over a $1 share in cash. Gold assets add several more dollars. The fate of AUQ, like others, such as PPP, is strickly in the hands of the gold market. The debt problem has not gone away, its gotten bigger. As Cramer says, we all know this will end badly. Gold should still turn out to be better than most other sectors.

  • Reply to

    Educating Tradeblazer- reality meets with fantasy

    by jack_baron Apr 16, 2013 11:04 AM
    jack_baron jack_baron Apr 16, 2013 11:10 AM Flag

    part 2
    The republicans who voted for the debt ceiling increase, (which they shouldn’t have done) did so
    because they believed (or say they did) that they were on the path to eliminating the deficit. It
    appears they were. The reason now for opposing debt ceiling increases and demanding cuts to
    spending is obvious: Bush’s 1.676.6 Trillion debt spending has been blown away by
    democrat/Obama’ 5.792 Trillion debt spending; it is insane to increase the debt ceiling, taxes and fees, with or
    without spending cuts.

    Nither mre taxation (which does not always result in more federal revenue but always results in economic decline), nr more federal revenue which always results from tax cuts,
    decrease any annual budget deficit or the total federal debt. More revenue always results in more deficit spending.

    Only fantasy would opine that Obama Reid etal desire a balanced budget or a reduction in the federal debt.

    Trade may have been right (temporarily?) on AUQ stock's price but totally for the wrong reasons- there was nothing wrong with the company it is the result of the gold market.

    America's deficit is worse than Europe's. As Jim Cramer and many others have said- we all know this {deficit spending and money printing by the Fed} will end badly.

  • You say that actual deficit reduction is occuring with Obama et al: that's fantasy. Here's reality-
    January 3rd, 2007 was the day the Democrats (and Obama) took over the Senate and the
    Congress. At the time:
    DOW Jones closed at 12,621.77
    GDP for the previous quarter was 3.5%
    Unemployment rate was 4.6%
    George Bush ended the recession he inherited by passing the Bush tax cuts, and his economic
    policies set a US RECORD 52 STRAIGHT MONTHS of JOB GROWTH.
    The Bush/republican deficits:
    FY 2002 Deficit: $157.8 billion
    FY 2003 Deficit: $377.6B
    FY 2004 Deficit: $412.7B
    FY 2005 Deficit: $318.3B
    FY 2006 Deficit: $248.2B
    FY 2007 Deficit: $162B
    Those deficits occurred during the greatest part of the Iraq/Afganistan war costs.

    Budgets do not come from the White House. They come from Congress , and the party that
    controlled Congress since January 2007 (FY 2008) is the Democrat Party...Harry Reed and
    Nancy Pelosi. Democrats controlled the budget process for 2008 & 2009 as well as 2010 &
    2011. In that first year, they had to contend with George Bush, which caused them to
    compromise on spending, however, Bush meekly opposed their spending increases. Starting in 2001, Bush asked Congress 17 TIMES to stop Fannie & Freddie from doing their toxic loans - because it was financially risky for the US economy.

    For FY 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing
    continuing resolutions to keep government running until Barack Obama could take office. They
    passed a massive omnibus spending bill to complete the 2009 budgets. After that, they have not
    passed a budget. And to this day have offered only 1-that's right-1 budget.

    Look at what happened:
    FY 2008 Deficit : $459 billion (more than any Bush FY)
    FY 2009: $1.413 TRILLION
    FY 2010: $1.293 TRILLION
    FY 2011: $1.300 TRILLION
    FY 2012(projected): $1.327 TRILLION

  • Reply to

    The price of gold.......

    by tradeblazier Apr 15, 2013 9:23 AM
    jack_baron jack_baron Apr 15, 2013 12:51 PM Flag

    Trade, if you think Democrats are actually REDUCING the deficit ... you are nuts.

  • jack_baron jack_baron Mar 12, 2013 12:23 PM Flag

    I agree that you were right on the short from $8.30 down. Honest question: do you play the shorts down, or do you play ups too?

  • Wed, March 6, $5.97, Tuesday, March 12, $6.87. That is a 15% gain in just over 3 trading days. Did either of you make a dime off of this?
    The point is, falling in love with a stock, or falling in HATE with a stock, makes you loose money. Everything that is happening to AUQ, at this point, is clearly tied to the price of gold, and very little else.

    By the way, what has happened to crewcoachmike?

  • Reply to

    Updated Fair-value price target $2.80

    by crewcoachmickey Mar 4, 2013 12:37 PM
    jack_baron jack_baron Mar 8, 2013 5:07 PM Flag

    $700M, $400M of the $700M is cash, and at $500per ounce profit (being $1600-$1100), gives an total recoverable gold reserves of 600,000 ounces. IPAD did I get that correct?

  • Reply to

    Updated Fair-value price target $2.80

    by crewcoachmickey Mar 4, 2013 12:37 PM
    jack_baron jack_baron Mar 7, 2013 12:17 PM Flag

    $2.80?? Really?? How far do you think gold will fall? $1200?? Or do you think gold will stay arount $1575 and AUQ will fall anyhow?? Just interested in your rationale.

  • jack_baron jack_baron Feb 20, 2013 11:21 AM Flag

    Trade, AUQ hit $5.54 on 9/5/2012; it hit $8.46 on 11/8/2012. That is a 52% gain in barely 2 months. You say time is money. Did you make any money on AUQ during that 2 month period? If not, aren't you the loser??? This is not a personal attack. I just want to understand what financial/ mining/ operational/ sector information you have regarding this particular stock. You didn't like it when it gained 52% in just 2 months. How is that possible for any "trader"??

  • jack_baron jack_baron Feb 20, 2013 11:07 AM Flag

    tradeblazier isn't right- this decline is due to one thing- the drop in the price of gold. if crude was dropping like gold exxon, apache, chesapeake, et al would be dropping just like the entire gold sector. AUQ is doing no better or worse than the rest- look at PPP, which has as good a position as anybody. Unless trade is willing to say every gold miner is a loser then his comments aren't credible. I have followed this message board for months, and trade has never said the entire sector is bad, just this stock. Clearly, that he has been wrong about why this stock, like all gold miners, are dropping- its the price of gold and he has never warned us to be wary of this kind of price drop. If memory serves, gold hit $1525 within the past 18 months. That was a massive buying opportunity. Trade will have credibility when he tells us where the buyin point is.

  • New York-based Tocqueville Asset Management LP, with over $9.0 billion in 13-F assets per its latest Q4/2012 filing last Thursday, runs its flagship Tocquville Gold Fund that has $2.0 billion in assets.

    Besides PPP, Tocqueville's other top high conviction picks in Q4/2012 include:

    * Turquoise Hill Resources, a Canadian company engaged in the exploration of gold, silver and copper mines in central Asia and the Asian-Pacific region, including Australia, in which Tocqueville added 2.04 million shares to its 5.15 million share prior quarter position.
    * MAG Silver Corp., a Canadian company engaged in the acquisition, exploration and development of silver properties in Mexico, in which Tocqueville added 0.70 million shares to its 1.82 million share prior quarter position.
    * Aurico Gold Inc. , formerly known as Gammon Gold, that is a Canadian company engaged in the exploration and development of gold and silver mining properties in Mexico, in which Tocqueville added 0.26 million shares to its 0.22 million share prior quarter position.

    Kind of speaks for itself, doesn't it?

  • I think $10. What does everyone else thing? Don't see how the price of gold stays below $1750 much longer.

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