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Tuesday, November 24, 2015 10:39:05 AM
We now have a whole new ball game. Auryn. Yep. Auryn came to save the day for the stuckholders. And save it did.
No one can honestly say this day was not coming. It was shouted out from the mountain tops and etched in the shafts of this world class mine in Santiago.
There is always some nefarious plot that is ginned up that affects the process of mining this mountain.
Amazing how well disciplined, experienced investors were and are sucked into this story and are stuck. For traders, it was a good stock. For the ones who held and waited, rather foolish and a total waste of time and resources. I am not sure if this stock price will recover from these levels enough to be worthy of trading.
The chart says it all. A strong bearish channel has been the story for some time now. Yes along the way, there were trading opps. Good for those who successfully got in and out and picked up some pocket change.
Will Auryn truly have its day in the sun? No one seems to have the answer. It appears highly unlikely.
I am open to hear from anyone who has some degree of reliable information on Auryn's latest and greatest.
TIA
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