The share price has dropped quite a lot in the last few weeks/month. I think a lot of people are selling due to the 30th June Tax cutoff.
Not unlike yourself, they lost during the uranium times. They have been burnt and probably have pain to think about AGS. Fully understandable.
Now their accountant is screaming for them to sell some losers prior to June 30. These people are probably not unlike yourself so hurt by the experience that they don't even know what great things are happing on the gold side with AGS.
AGS is really undervalued! The people selling now are understandable in a position that they don't care. I have been buying and welcome the opportunity to pick up $1 coins for the sale price of $0.33 cents.
As you said, "as i didn't have the stomach to sell for a huge loss at the time". This keeps the price from dropping more prior to June 30th.
However, you can still salvage something in the short term. By not selling you should ride the wave up.
But why not relook without the history of the uranium in the background. As hard as that would be, I think you would come to the same conclusion. That this company should be trading higher, and the biggest reason as to why it is not: Is because of the shareholders that were burnt by the Uranium experience are still around and selling sporadically, hence we still have motivated sellers. Only time will win those shareholders: 1. around to not sell, 2. or buy more or 3. sell out 100%.
But if you do decide to sell under 10 cents. I personally and a band of growing shareholders will be happy to purchase.
AGS Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
