01:52:08 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Aurvista Gold Corp
Symbol AVA
Shares Issued 131,162,407
Close 2016-12-05 C$ 0.175
Market Cap C$ 22,953,421
Recent Sedar Documents

Taylor refreshes Aurvista buy

2016-12-05 20:42 ET - In the News

Jay Taylor, in the Nov. 16, 2016, edition of Gold, Energy & Tech Stocks, refreshes his buy of Aurvista Gold Corp., recently 19 cents. He previously said buy four times from Oct. 17, 2011, to Dec. 18, 2013, at prices ranging from three cents to 42 cents. He then said sell on Nov. 14, 2014, at five cents. Assuming a $1,000 investment for each of the four buys, selling the $4,000 position at five cents yielded a loss of $1,481. Mr. Taylor then said buy on April 10, 2015, at 5.5 cents and on July 13, 2016, at 31.5 cents. A $1,000 investment for each of those two buys is now worth $4,057. Mr. Taylor is a fan of Aurvista's Douay property, the largest undeveloped gold project in Quebec. Recent drilling highlights include 15.36 metres of 15.81 grams per tonne gold and 10.48 metres of 21.18 g/t gold. Mr. Taylor acknowledges that the gold market has pulled back in the past few months, but says investors should look at this as an opportunity to buy "highly promising speculative shares at a very reasonable price." Aurvista falls into this category thanks to its promising project and skilled management. Mr. Taylor increased his personal position in Aurvista this week, and says he is considering the stock to be one of his top picks.

© 2024 Canjex Publishing Ltd. All rights reserved.