How dare you suggest I know nothing of the exploits of Great-Grand Uncle Charles Yelverton. Comparing him with the overpaid prancing pretty-boys of the Perth mining scene does him a great disservice.
None of the AGO cheer squad can explain the difference between AGO share performance and BCI. BCI hasn't suffered at all, going from $2.50 to $3.00 since Jan 2012 while AGO has gone from $3.10 to $0.80. Both trading the same commodity, similar amounts, comparable grade.
So yes a bet against AGO is a bet against iron, but also it's a bet for AGO not being able to sustain it's current market cap. Which is why the share price has been sliding since July 2011. You're not being shorted, you're just being re-rated.
AGO Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held
