Though I'm a little disappointed that AGM is no more - it doesn't suprise me that the AGM management folded for a rather low offer.
That said - where to now? Where will most of you diversify your funds? What share looks good to you and why?
Certainly there is the obvious - reinvest in ZFX, however the downside of ZFX currently (the exposure to poor zinc prices and demand) make that an unsavory alternative for me. Also, when the ZFX board (not the AGM board this time) will have to announce the potential mine setbacks on the AGM site, I feel I could probably enter ZFX at a lower entry than it's current $10 - IF I were interested that is.
ADY is another on the radar especially with the Lithium element and the decoupling of the company into Iron Ore and Lithium.
AAR - this is a real potential gem of a stock - definitely DYOR.
Others?? Feel free to throw in any advice.
Again - I'm no financial adviser and as such please do your own research before you make any investment.
AGM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
