serious comparison for agm holders to ponder, page-15

well said seals.
where is the trash posted?
We post the truth...peer comparisons are an important method of valuing a company (it must be cos the beards used JBM to come up with the highly dubious EV method).
The consistent argument from the $3- $5 a share in the future crowd is that soon we will be in production as if that is a magic pudding.
Well what happened to your peers when they went into production?
did they surge to a 20-30 pe ? No.
they became very easy to value and hence were on a similar PE ratio to their peers. 6-8....10 is quite high for mincor.

The problem here is not with AGM as a company but rather with the unrealistic valuations placed on the company by the blueskyers on this thread. they range from $1.29 through to $5.

As far as reading rubbish on this thread....lets have some dazzling discussion from the AGM faithful on why AGM is worth far more than $1.
All we hear from u guys is a price with nothing to back it up.
i am all ears.....


cheers