Just had a look at the AGS chart. Well blow me pirate ridden timbers down AbertE, if AGS isn't a perfect example for NKP.
In Jul 2009 AGS was at 98c. Dec 2009 68c. Dec 10 53c. Oct 12 12c.
A down tread totalling over 3 years.
Took two years just to get back to the Dec 2010 mark to break even.(if you brought that year)
3 years wasted, where the money could and should have been working some where else.
The only winners? Traders. You watch that chart fall away as the ones that were in the know are now long gone. (Goosh that chart looks like the one in the U tube clip.)
Of course the fact that AGS has $33m in the bank. That litigation was only Native title and not a multi National mining house with very deep pockets, plus native title(beng). Hmmm now it's looking like a bit of a stretch.
NKP Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held
