IMO,AGO should be taken over by MGX.
MGX can survive without mining activity in the worst case.
In low iron ore price time,AGO must accumulate cash and must not spend cash for mine developement or share buy back for survival.
Survival of AGO is the most important to shareholders.
IMO,CD mine should be developed when there is no more oversupply of iron ore and iron ore price is stable over US$60 per tonne and AGO has enough cash for CD developement without financial debts.
AGO Price at posting:
1.3¢ Sentiment: Buy Disclosure: Not Held
