AGD due to pay TRY U$1.5M by December to rise to 80% of casposo holding
10% for US$1,500,000 in December 2018;
Looks like AGD has bottomed out, its annual chart looks terrible & it was 15c only weeks ago!
If its cheap then Eduardo may be eyeing off buying more AGD shares like he did with TRY at lows.
Why does Eduardo a billionaire in global real estate want to be chairman of AGD and invest $10M cash into cheap gold producers like AGD TRY, do you think he is happy with a $1M gain on TRY shares or a $1M share loss in AGD.
Do you think billionaires get rich from selling shares at breakeven?!
Or get rich from multibagger runs buy at 10c sell at $1 perhaps, take a pick.
Yes Eduardo sold 3.4M TRY shares he bought in a trading parcel in Sept/Oct 10.5c - 16.5c, his bulk share buy of 20.7M at ~10c he still holds in TRY.
TRY and AGD are effectively joint venture partners in Casposo and Eduardo owes TRY a lot from this sweetheart deal over Casposo.
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