tjsol
RE: AGO versus ARI and MGX
The problem with MGX is the short mine life.
It is because of this the market values their
current operations at $0.
The other problem with them is, what are they going to do
with the remaining cash?
Can you trust the Chinese owners with your money?
They are likely to blow all the cash in a single blow, which
will send the SP down the tubes!
ARI is likely to go out of business if the Iron Ore price
doesn't recover over the next twelve months.
AGO could very well go to the wall as well!
However if I had to bet on one of these three dogs in the short term
I would probably back AGO, because of the potential for a
take over offer over of the Port Access.
tjsol RE: AGO versus ARI and MGX The problem with MGX is the...
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