If I do a cross chart with peer MGX both charts show declines from Feb 2012, same behaviour until of late.
I did agree with your last sentence until a while ago when I asked myself, what could other management have done that would direct the share price forward ?, I also said in a few posts that the board needs out. Btt does it really.
Its just growing pains, 2015 will most likely be a very good year for Atlas unless this equity partner comes in early 2014.
My opinion BCI & MGX (I owned until last week) will be in the exact same situation as AGO in the next year or 2. Both need to purchase acquire if they want growth, In most cases the market does not react well to the hunter and if so what mines need huge capex to develop if they acquire a minors tenements.
Im sure we all have our opinions and time frames, For those short on cash get out, for other wanting good news i say the equity partner announcement is only a few months away.
AGO Price at posting:
82.2¢ Sentiment: Hold Disclosure: Held
