re: News: Generating returns without market r... hardmanoMedium...

  1. 1,362 Posts.
    re: News: Generating returns without market r... hardmano
    Medium long term, looking at the IO futures and the
    money being spent in China, I suspect AGO is very
    good bet, something like $1.30+ this year.

    However, with the bad weather last quarter combined
    with the big drop in the IO price AGO is looking at
    possibly making no money last quarter when the report
    comes out!
    This is after last years no money results!

    You seem to keep a keen eye on AGO every day, which
    probably means your more interested in short term movements.

    The point I am making is you should be thanking that guy
    for the heads up, unless you have a long position.

    After seeing FMG and MGX's reports my advice would be run
    for the HIlls!
 
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