I tell you why AGO is worth double than GBG. The company knows...

I tell you why AGO is worth double than GBG. The company knows the beauty and power of share placement.

When AGO placed new shares several months ago, they sell to a specific group of investor(funds) at a discount. Those guys in return use the placement shares to sell and buy, from their own Left hand to Right then back again. So the share price got "pushed" upward. Go read the graph of AGO after the placement. It's a classical deal between companies and their "friendly" investors.

Let's hope GBG will know how to placement shares in coming month when they need to pay their part of funds in JV.