AGO 0.00% 4.5¢ atlas iron limited

upgrades ridley iron resource, page-18

  1. 3,092 Posts.
    lightbulb Created with Sketch. 69

    Well said ausjpn, neither do I, which indicates a market controlled completely by irrationality and fear.

    I worry that posters on HC are betting that ministerial approval is going to send this company back to its highs. It will not. Sentiment is against us and whilst ministerial approval may start a short term rally the only holders who will realise large gains are those prepared to hold for the long term.

    AGO has three great things going for it. A world class landholding and deposits, first class people with much experience and marketing skills and most imporatntly zero debt.

    When rational thinking returns, expect this to be one of the first companies to rebound, as it has before. Until then, tread carefully and do not invest money you will need again in the short term.
 
watchlist Created with Sketch. Add AGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.