When investing in AGO the Port Capacity is something to think about, that along with its huge resources which are a very attractive for a possible take over.
A take over could potentially send the stock flying, a competitor may come in and make a counter offer. Atlas has such a big future this is partly why a take over offer would have to be fairly high to succeed.
I noticed you quoted "Hartleys" less than optimistic forecast for AGO. This might be a reason to be optimistic, as the last time they were talking AGO up it lost 1.5 Billion off its value.
Now that they are talking us down, BUY!BUY!BUY!
April 2012 “This year is a good year to buy Atlas,” said Trent Barnett, head of research at Hartleys Ltd., a Perth-based stockbroker and corporate advisor. “For a large, Pilbara- producing miner, Atlas’s attraction is probably all to do with ports. If you’re a new entrant into the region, you’d want everything they’ve got.”
AGO Price at posting:
$1.49 Sentiment: Buy Disclosure: Held
