Affinity Gold Corp (AFYG)

[PennyStockYoda]

BIG AFYG Update:

To say that this one has been a rough ride from the start would be an understatement.

I remain bullish on this one after getting to the bottom on what transpired during the first week of the alert.

As reviewed during the conference call it was surfaced that 2 large sellers had turned in stock in cert form in attempts to liquidate. It was also obvious that these sellers knew exactly when the alert would go out as they were on this from the get go liquidating through one of the MMs.

There was also a short position on the stock which alone would have been no issue to overcome seeing that day one we hit it hard with significant buying. The short combined with the seller churning out 50K sell blocks was obviously to heavy to overcome.

That being said the company has confirmed the seller is gone and we have slowly started to recover the pps as it closed at .085 today.

As outlined in the CC there are many many catalysts coming with the company that enables me to remain bullish.

IMO several announcement should be forthcoming one of which highlighting that the mine is in producing mode. The company also shared they are working on getting current status.

Net I am holding and awaiting the next catalyst from the company. They have verified that there are not anymore certs out there to be liquidated. Float remains in the 22-25MM range so any pressure and this one will move quickly.

Holding here....