AuRico Gold Inc. (NYSE:AUQ)
The Company is a mid-tier mining company which is also engaged in the exploration for and development of gold and silver deposits in Mexico.
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Been here since the NXG acquisition...
http://stockcharts.com/freecharts/gallery.html?AUQ
...now we're getting a dividend. I'll stick around for that.
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We're going to start seeing some serious inflation with the low interest rate environment, which means gold and minerals will be ideal investments for a while.
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AUQ is a solid gold miner that continues to increase production. With Helicopter Ben in the air, we'll surely see increases in gold & silver which will propel the miners!
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Growing revenue due to production boost and rising goldprice
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some tough news recently belies strong asset base - undervalued especially in these times
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below book value, main mine about to commercialize production.
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The global economy is slowly heating up, and this will result in a slow decline in this non-industrial precious metal (see the 1980's as one reference point). This is conditionally based on an assumption that some fiscal sanity and restraint will be found in government (admittedly quite a leap), hence avoiding the resulting inflationary pressures such policies present.
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AUQ has recently rallied, but in the long term GLD will continue to climb and AUQ will go with it. They have a number of ventures that are turning out profits and have additional projects in the works
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Alert: AUQ's stock going up
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Gold at a great price
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With the recent aquisition of Northgate Minerals (NXG) establishing a solid mid-tier mining company, the upcoming opening of the soon to be finished Young Davidson mine (Northgate's Flagship) in gold rich northern Ontario in early 2012, as well as current operations at 5+ mines coupled with the increased fear of inflation, the price of gold isn't going anywhere but up. I'm anticipating strong growth over the next few years as the YD mine ramps up to full production.
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Gold, Northgate, Junior Miner, Gold, Canada, Gold
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Undervalued big time. shorties got scared and ran. Gold is still up big.
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GOOD MANAGEMENT AND GOOD MARKETS CANT HURT AT ALL. THIS BABY SHOULD OUT PERFORM AS LONG AS GOLD IS IN THE GROUND FOR THE TAKING.
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It's aquisition of Northgate makes it a strong performer in the gold and silver market.
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Great Time To Get In
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Strong performer in a down market.
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