bon voyage, page-7

I have been bullish for AGO for a long time and when you do the math which I have done before in the short term AGO is a great investment. As they are ramping up production and cashing in right now on the back of great I/O prices.

I fear more for massive projects that are yet underway eg; SDL in the Congo. Yes they plan to produce 35m/t per year (3 times thatof AGO) but by the time they're up and running I believe I/O prices will have reduced quite a bit.

Much rather be on a company that is making hay while the sun is still shinning.

I'm a litte surprised AGO hasn't held at the $2.30 mark and I eat my words on that one..... but thats the way it goes.

PS I'm bullish on Gold too. But I got my fingers burnt bad on a turd (MUN) and haven't dipped back in there again yet.