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12/22/15

The Twelve Days of Almaden (AMM.to) (AAU)

On December 10th we wrote these words about Almaden Minerals just hours after it had published news of its new PEA for the Ixtaca project:

"The market shrugged its shoulders today, but I thought the news out of Almaden (AMM.to) (AAU) yesterday about its new downsized PEA plan was pretty interesting..." (continues)

It traded and closed at 70c that day (the T for Thursday in this chart below). Here we are 12 days later and...


...which is a very decent little 25.7% pre-commish rally, even though the volumes haven't been much to go by.