Regardless the development project, market specialists have no FK idea about whats going to happen with IO price. I really don't think it will be back to $50 anytime sooner. It is boosted by USA euphoric Trump boost in American Economy where we should technically be looking at whats happening in ASIA.
I follow GOLD and have read way too many articles about gold price prediction and truthfully, people/specialists/brokers have no FK idea! Market does its own thing and investors are fulled by sentiment.
Remember back about Trump, gold meant to go to $1500 !!!?!?!?!?!? It sank instead and still bellow levels pre-election day.
for IO AGO, to be exactly as long as Iron Ore is above $50 its head above the water, but now it is make serious money and it is boosting its cash paying its debt incredibly quickly.
We believe AGO SP is about to explode again, so I sold all my MGX today and bough all AGO. I am hopping to be laughing next couple days, but I might be crying, but believe-me I don't put my head underwater to cry too often.
Wait to see AGO next few days!
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