At the end of last week, American Consolidated Minerals Corp. (CVE:AJC), (PINK:AMERF) showed to investors that it is still alive. After months and weeks of decline and poor performance, it looks like the stock turmoil is finally over.
Since the beginning of October, when it was priced at $0.200 per share, AJC has been a bitter disappointment to company’s managers. Within two months, it lost about 73% in value. The bottom was reached last Tuesday, when AJC fell to a new year-low at $0.050 and on Wednesday…