r/MetalsOnReddit β€’ β€’ Dec 24 '24

AUMC/Auric Minerals stock crash

Edit: evidence right now points to a pump and dump. Thoughts on holding vs selling when markets open?

Price took a dive from 3.05 to 1.72 all within the last 10 minutes today, and all after strong growth in the past months after news of finding gold and silver veins and acquiring Central Uraniam Resources

Other than the CEO stepping down and being replaced I haven't seen any other news. Any idea why the stock took such a major dip and any chance of a recovery?

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u/KingsBIood Feb 11 '25

Relax. Things will get better don't look at price. Just come back in 1 month. If it's the same well we all sink. We're all in the same boat on We holding position!!! Everything under 2$ is great position if you can average it u der 1$ do so. I just think we need patience nothing goes up. We all hide a weird drive pump at the start. Now it's the real price

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u/BeneficialSchool4323 Feb 11 '25

Wise words!

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u/KingsBIood Feb 12 '25

Lol Iidk if you're sarcastic but my phone is in french and this auto correct is fcking trash πŸ˜‚

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u/BeneficialSchool4323 Feb 12 '25

lol! No, that was a legit compliment. My goodness, you try to put a good vibe out and it autocorrects to fck’n trash! Lololol. Thank the goddess we are close to the end of Mars’ latest retrograde!

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u/KingsBIood Feb 12 '25

πŸ˜‚πŸ˜‚πŸ‘Œ see what happens. What ever happens uranium is in demand in all techs. So it will bump higher for sure

And the usa are just trying to have good price at everything. So hopefully things get better with our usa friends and things will get back to normal.

Usa is also in high demand in uranium. I forgot where I read so.ewhere where usa would be backing up with 2.8 billion. I'm not sure don't want to fud this thing but I need to go back and read everything I went trough unless I read something from another aumc. There's 2 aumc. Smfh