About two months ago, "AGO" was doing 40 Mill a day. Volumes are down lately but not like today. Today was about as low as I have ever seen it, with just 6 Mill traded. About $20 Million went through FMG today and about $7 Million went through AGO.
So we can safely say there are no grand conspiracies taking place with Black Rock. Not today anyway! AGO is always more sensitive to the Aussie dollar and the Iron Ore price than the other miners. I am not saying it's logical, it's just the way it seems to play out.
As far as FGE is concerned it will most likely fall from grace at the same speed it took off. It dropped 30% in 15 minutes on Monday, as with most small caps. you can lose your money just as quickly as you make it. There are more than a million ways you could have made 10% on an investment today, AGO clearly wasn't one of them. IMO the only thing worth considering with FGE versus AGO is that AGO is less risky.
AGO Price at posting:
$1.15 Sentiment: Buy Disclosure: Held