Buddy, I don't think I would be in APG for much of a shorter period than any of us here. Of course, opportunities are just that, they may happen or not happen. I was just looking at the risks and opportunities APG faces now. With a rally on a major announcement, it is not uncommon for the share price to retrace to the Fib 50% or 61.8% level due to short term trader action. Other than the Ticor association (argubly also the NZ Steel episode but too non-eventful and short-lived), APG has never been in a better situation to become an income producing company. There was a lot of hype in the BHP deal but it all contingent on BHP's development in Africa and no licences were sold. It was a royalty some years down the track on something that did not exist yet. Call it ramping or anything you wish but I believe I have reasons for my optimism.
APG Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held