What to Do: Altius (ATUSF) at 5 year lows!

By jonomalley, December 9, 2015

I know lots of us own Altius and like the company. It’s been tanking lately and is at 5 year lows around $7.50 as of today. Just wondering what others are thinking about it- still confident it in? Buying more? I’m personally own about 1200 shares at avg of $10.65. That’s a substantial holding for me, but I’m still in my 30’s and not planning on needing to cash out for a long time (20+ yrs). So I feel like now’s the time to go back for more, but this stock price has gone nowhere for a long time. Would love to hear some others’ thoughts about where you see ATUSF in the next 5-10+ years.

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Jerry AttrickSoGiAmTravis Johnson, Stock Gumshoecpt000 Recent comment authors

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cpt000
Irregular
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Altius is subject to the commodities cycle so nobody knows when how/when that will play out.

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Travis Johnson, Stock Gumshoe
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To oversimplify, I’d say the first leg down for Altius was when everyone gave up on iron ore, the second wave down is due to worries about the future of their coal royalties in Alberta (which are some of their biggest royalties). They don’t have to worry about the coal price (they’re tonnage royalties), but if the power plants are shut down for environmental reasons, or slowed down, or electricity demand in Alberta drops consderably, that would impact Altius’ revenue. They are increasingly well diversified in commodities, but that’s not offering up much near-term optimism with almost all commodities stuck… Read more ยป

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SoGiAm
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ALTIUS (TSX:ALS) REPORTS QUARTERLY ATTRIBUTABLE REVENUE OF $8,534,000 AND ADJUSTED EBITDA OF $6,729,000
http://altiusminerals.com/uploads/PR1514_2ndqtr.pdf Best2ALL!-Ben

Jerry Attrick
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Jerry Attrick

Buddy: The volume on ATUSF in the morning of Dec 11 is 23,761. RUN AWAY from this stock! If nothing else, do not buy more! Please look into simple stock trading rules: you should only trade something with HUGE volume and on an uptrend! Good luck!

A friend

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