AGO 0.00% 4.5¢ atlas iron limited

ago running out of time, page-7

  1. 10,824 Posts.
    well done. i agree this quarter will be good which is why i've been trading in and out for the past few weeks. getting kicked out of the ASX100 was the best thing that's happened to AGO for a while since it seems to have given a bit of stability, probably by decreasing the shorting the funds were doing against there own shareholdings.

    as for the future... i don't beleive that "little boy lost" is the right man to make AGO NPV positive through expansion.
    any business is cut-throat, and mining doubly so. AGO is a bit like a very small rodent trying to cross a very large freeway with some very big trucks running on it. they will get no favours from BHP, RIO, or FMG, and are more likely to get squashed - no one really cares about them. at the moment they seem to have all their eggs in one basket and are waiting to be thrown a crust from the majors. ain't going to happen.

    i look foward to attending the AGM.
 
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