If you let yourself be influenced by a person's job or where...

If you let yourself be influenced by a person's job or where they're from then you are a fool.

Just because someone is an accountant or a banker doesn't mean they are a stock market expert.

The most successful share trader I have ever MET, and I'm talking millions of dollars to his name from nothing, is STILL a bulk-billing family GP.

My personal feeling is that there is only one person who can come up with a stock valuation which I would feel comfotable to rely on and that's ME !

I am probably rarely spot on, but at least there's no worry of undue influence !

As for my valuation of APG, I currently have no idea. What I do know is that I am 180 degrees opposite to Earnie's viewpoint. I don't think we'll see ANY value added based on "possible" revenue. This stock has bitten too many in the butt over the years and as a result is being treated like hot coals. Sadly, I believe it will be like the big flying rat, it will only get anywhere near it's true value when it get's bought out.( or in the rat's case...nearly bought out...HA HA)

As to what that true value is ? Something significantly more than it's at now is my feeling, that's why I still hold so many.

When will it climb to a more realistic figure ? Not on any gold announcement that's for sure. Don't even dream about it...look what happened last time...it went down for heavens sake.
We'll see it ramped before the announcement and then fall after as usual.

This will only rise when a real, cold hard cash flow starts to roll in. ie, sometime next year IF onesteel sign up.....but of course, BHP will own it by then........won't they?

Just my slightly jaundiced views after 10 years+ of holding. Of course, I would be doing high kicks and waving the pom-poms if I am completely wrong and it's over a buck on mere prospect announcements !!