I think it's time holders took stock of what is happening here!
We now have a cosy group of people permanently camped on the AGM thread trying to pursuade us that the ZFX offer is good for us!
Well I'm an adult, and I prefer to make my own investment decisions, thank you!
melua is still here even though he said he has sold! Why?
Just take a look at what is going on here.
They are now ratcheting up the fear factor by saying "$1 tops", because they know that most holders (IMO) won't accept $1.20, so they are lowering YOUR expectations in the hope that if / when a higher offer comes, we will all breath a sigh of relief and simply accept!
They are trying to play on your fear!
I bought AGM for a long term hold, and am happy to support the board, as I believe they will deliver increased shareholder value over the longer term.
They have the nickel in increasing quantities, the mill is virtually there, production is about to commence, and then self funded expanded exploration, in a seemingly nickel rich province.
Why would I want to sell now when the project has been derisked, and the fruit of my investment is about to ripen?
ZFX want to buy AGM for that very reason!
They say the P/E supports the current shareprice, so why should we give up the exploration POTENTIAL for nothing?
Why would anyone that has invested and patiently waited,want to sell at this point?
If the prospects for AGM, the price of nickel, and world economic meltdown are so bad, why do ZFX want to buy AGM?
AGM is worth more to me than $1.20, so I won't be selling, and I personally know other holders that won't either!
GLTA, and don't let them spook you out of YOUR shares!
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