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Gold/Mining/Energy : Aurcana Corporation - AUN.V -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (195)12/10/2013 8:01:00 PM
From: E_K_S  Read Replies (2) | Respond to of 300
 
Hi Sultan - I assume that is $2.04/share Canadian w/ expiration now one year out to 12/7/2014.

If I can sell and then buy my next batch of stock below $2.04/share Canadian, I should be able to lower my cost basis w/o losing my current share count. No fun booking losses but if I can keep my current share count and/or increase it, I think the bottom is in.

My strategy is to double up on my shares at/near this level sometime in December and then wait 31 days and sell my high priced shares to book losses for 2014.

The company is still profitable and a low cost producer. They have enough financing to complete their mine build out and future cash flows should be increasing. I can not think of any other production issues.

EKS