Hi Kingdom, you have posted exactly what im thinking, i played...

Hi Kingdom, you have posted exactly what im thinking, i played around with AGO around $2 for a short term gain and sold my holdings as i was chasing another stock, ive always liked AGO especially because of their port capacity and thought that a major(BHP) would always be looking for an oppotunistic port grab.

I feel that AGO are now like a one legged/winged duck on the first day of hunting season. The fall in the spot price has chinese written all over it as they are the masters of playing this game of bluff and BS.

AGO if its not at a bottom has to be close and deffinately worth a punt somewhere around this level

I feel for all those long term holders seeing a great company being hammered, if i was a long termer i would be averaging down hard and fast, their cash position will see them ride this out

good luck all AGO longs, it always darkest right before dawn