AGO 0.00% 4.5¢ atlas iron limited

Commodities fell? Equities vs Commodities, page-105

  1. 31,755 Posts.
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    yeah good its up, AGO will prob hit 2.2c on Tuesday, I hope it was just a spaz reaction to hit that 2c mark and it quickly shoots back to the 2.3-2.6 trading range, I honestly thought that would be the new base with Lith on hand, I was wrong but lets see if it quickly traces back up there.

    The AU is correlated to the iron ore price more than any other device. Lately it has worked against us, but is now catching up in the 76 range, in 2016 it worked well for AGO lagging the rise in iron ore price, its paying us back now.
    I have the AU going back to the mid 90c range and taking iron ore with it.
 
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