If AGMs mining is as easy as they say, then the grade is fine with me, not too disimiliar to ALBs? However an AGM premining EV on par with IGO, SMY,MCR or WSA a bit rich imo.
The hype, the dilution esp recently to directors, the eccentricity, the poor disclosure make you wonder a little, as does the recent untimely CEO departure. The early milling fiasco with Bluestone also? Then some of the characters and their endless drivel and aggression, attracted to the hc forum? Taxidrivers?
Still 200% profit in 8 or so months would have to rate as quite a good joke for me.
For a development play imho ALB has MUCH better potential, and based on my understanding of current mine plans is much better value. Time will be the judge though.
I'd like a few more ALB (now that I am out of LIM and AGM), but as is so often the case with the less mature stocks, if it performs to best expectation, you easily end up with a decent portfolio weighting.
Which nickel stocks are you in?
EL
ALB Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)