I remember back in the day when I was first doing research, and speaking to different people about gold stocks and junior miners and emerging projects like we have in Columbia and Peru. I learned that most times the price of gold greatly affected the overall value of the project due to the cost of recovering the gold and processing it. Sometimes it’s not worth going after it even if it’s there in the ground because the price is simply too low to justify the cost to mine it. So they literally just leave it sitting there like a piggy bank waiting for the price to increased to the point where there will be profit in the mining As we all know the price of gold has climbed in recent months to the point where both of the projects have most likely become more valuable.
Another possible explanation is simply that it’s a gold stock, people are looking for bargains. This is a relatively affordable stock. Sometimes as we all know people will buy stock without doing a tremendous amount of research just on simple speculation and price point. It’s possible that because of the increasing daily volume and price fluctuation maybe AFYG has wound up on peoples stock scanners and increased interest and then they look at it and say hey there must be something going on here...
I stay quiet, I’m not as active as I used to be on ihub or any place else these days, but if there’s one thing I know it’s that generally speaking the market knows what’s going on before anybody else, and right now the market is buying and interested in Affinity Gold- I know I sure as hell am interested again, and hopeful that the stars align for Corey and for us. For those of us who have been here for many years it’s been a long time coming. Good luck to everybody
