right on ritchie, ive bought into AGO again at 60c after selling out at $1.20 in Feb14 and i have pumped that profit in at a cheaper price, AGO is real cheap on a fundamental valuation, as the good doctor tesla said, increasing production/ lower costs/ increasing iron price, this is a winning combination.
I have pumped my gold sale profits into AGO which is at its 4 year lows but im not selling the POS shares till it goes to 50c that they are talking about. I agree with u richo AGO may triple and retrace back to $1.80 next year if there is no massive meltdown in equities by then. first price point target for me is the $1 level and if it cracks through there then that $1.20 resistance level it hit many times nov-feb14 is the key point. This is a long way away from where it is now but the team are on the right track and the diggers presentation will be interesting.
Im a buyer at this ridiculously low levels.
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China Data points to a rebound., page-9
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