Iam not going to go into detail on AAU.A because they have a huge following. What i want to say is that any time i could buy a company for 10 to 20c on the dollar i have to bring it to attention.
The bottem line is,
Armada has 10 million onces of gold 1 billion lb of copper and the stock sells for a $1.00??????.
Armada has 98 million shares out standing and if you take 10 million oz of gold and give it $50 a ounce in the ground and take 1 billion lbs of copper and give it 40c a lb in the ground you have a combined metal value of $900 million dollars then if you divide 98 million shares into $900 million dollars you get about $9.00 a share.
I don't have a clue on why the stock is trading at a $1.07 but you should definitely do your home work and look into this company.
You can reach them at 604-685-8772 or 1-888-298-6666 ask for Nina or you can call Chris at 416-777-0001.
Levesque Beaubien analyst Michael Fowler is following the company very close. He is a strong supporter of the company and just put out a very strong buy reccomendation on the company when it was trading at $2.00 he's number is 416-865-7603. Also C.M. Oliver's Jonathan Challis is a very strong supporter of the company.
Armada web site is Globalx.net:80/armada/
P.S Armada once in production will be producing 500,000 oz of gold per year at a cost of $150 an oz and even at todays price of $356 an oz that is huge profits. Also 7,000,000 lbs of copper at a cost of 28c a lb and at a $1.05 a lb that is also huge profits. With Robert Friedland behind this company and their vast amounts of minerals this company is going to be a big winner.
Scott. |
