Off course it can. Have you never observed a company go bust? Does AGo have debt? Is it still generating positive cash to service that debt? What covenants do lenders have over their money? How many jobs can it cut without dropping production?
Holders here need to face up to the harsh reality. Every time I visit this thread the price is lower and lower. It also makes me angry for reasons I've posted before so dont think I am rubbing salt.. far from it. AGO doenst deserve this fate and people complaining about mgnt should just stop pretending they understand money and just punch themselves in the face as a quick way to look smarter http://www.bloomberg.com/news/2014-...outlook-as-growth-in-supply-beats-demand.html
AGO all in, 67 bucks
AGO Price at posting:
14.5¢ Sentiment: Sell Disclosure: Not Held
