AuRico Gold Inc. Message Board

Press release said 2 months to remove bags , but did not say how long to build the cement ponds? And where are they going to get the money to build them, they only have $20k? Its good that these amateurs finally hired a mining engineer, that should have been done 5 years ago.. And yes, I agree that another reverse split is coming.... if the company even survives? I'll invest when the ponds are built and production begins, but not until I see that happen.

When gold prices return to +$1700....

I noticed that the shares outstanding went from 147.59M a few days ago to 155.5M now.
Perhaps some dilution is accelerating this slide to new lows, along with the price of silver?

I've heard nothing of a buy-out, its just a crazy rumor probably started on message boards. I believe IAG is simply cheap and was oversold. There has been some good speculative press too, which no doubt contributed to the mini trend-reversal. JMO

Sentiment: Buy

Won't missed SV's $900 million annual salary. Lots of delays and cost overruns may have contributed to his departure, I wonder if the board voted him out? Glad I sold the other day, but still plan to buy back in when this thing bottoms out.... I think?

http://business.financialpost.com/2013/03/07/banro-ceos-unexpected-resignation-leaves-investors-confused-drives-shares-down-22/

I got out.... couldn't stand the pain anymore.
I'll re-establish a position when this free-fall ends.

Thanks, those stats indicate a good future for BAA, I think patients will pay off as long as the price of gold doesn't collapse.