Why would I buy AGO back in 2011 when Goldman Sachs had a positive take on the company?
The drop from $3 to $2 was mostly due to GS taking AGO off their coverage list and hence funds under GS advice dumping the stock.
Anyway, their current rating on AGO is 85c and on MGX it is 50c. They were wrong at the top and wrong at the bottom.
Miners will come back into vogue when they start showing they can generate shareholder returns. It's that simple. Run a good business and the market will reward it.
mining stocks tipped to soar, page-16
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