AGO over priced at anything less than a buck? please... even with the delay AGO has a good project pipeline comming... sure im a firm believer and slightly one eyed possibly... BUT AGO are very actively exploring and only recently aquired yet another iron ore tennent.... they have one of the largest land holdings within 100km of Port Hedland and the level of Fe tennents is equivilant to that of BHP... Managment have a proven record of getting jobs done to the time lines they set.. the delay in production is not because of an error from management... its someone suffering from sour graps that just wants to see mining projects delayed... it is also important to note that AGO have no debt... and have no intention of developing Ridely themselves... thus not diluting our entire project portfolio just to finance ridely... 30% of the huge resource that is Ridley is better than nothing.. especially as we wont occur the major development costs
to anyone that is reading this that doesnt hold.. DYOR take both posts with a grain of salt... i rate AGO a buy.. and think anything less than $3 is a STEAL!
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