Lower leveraged? I think AGO won today by the biggest margin...

  1. HarajukuIsland
    3,140 Posts.
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    02/01/15
    15:50
    Post #: 14528959
    Lower leveraged? I think AGO won today by the biggest margin because it has a large amount of debt. Iron ore has bounced the past few trading days and f the iron ore price continues to $80 plus AGO will be able to pay its debt off.

    MGX is probably the safest play with zero debt and actually more cash than the value of the company, yet it rose less than half of AGO today.
    AGO Price at posting: 23.0¢ Sentiment: None Disclosure: Not Held
    FMG Price at posting: $2.82 Sentiment: None Disclosure: Not Held
    ARI Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
    BCI Price at posting: 62.0¢ Sentiment: Buy Disclosure: Not Held
    MGX Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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