sdeutsch95

Mauritanian Uranium and Swedish Vanadium

Long
OTC:AUEEF   Aura Energy, Ltd.
Aura Energy (AUEEF) is a very frustrating penny stock. The spread is $0.30 Ask and $0.20 Bid, meaning you will automatically lose 33% of whatever you put in. Furthermore, the chart is full of spikes and dips that don't seem to have any coherence to them. I'm hoping my annotations provide some logic to AUEEF's madness. It's bouncing in an uptrend, and both the ask and the bid will allow the price to keep bouncing off of support. The upside could be 2x to $0.50, if more people notice this stock (volume has been ticking up, but I haven't seen it mentioned on uranium Twitter, Reddit, or Youtube). Apparently it's popular on the ASX, so obviously what we're looking at here is just normal OTC weirdness. I'm also skeptical if Mauritania or Sweden are good jurisdictions for mining, compared to say South America or Sub-Saharan Africa. Trade wisely, my friends.

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