"AGM however does not fall into this category - it's CURRENT market appreciation was 0.7 - however it's (according to the board) 2-3 months off from production - hence 2-3 months off making money."
At 70c, AGM was valued at 550 million bucks. I'd say that reflected the fact they were going into production by end 1st QTR. Reality is we are in a savage bear market. $1.20 is fair and reasonable.
