RE: RE: NSNBJRE: RE: RE: RE: More Insider sellingI understand your frustration as I've been here for a long time as well, since AGG listed. AGG will have been a bad investment if you simply bought and held for that time period. For me personally I`ve done extremely well with this stock buying the lows and trading into strength. For instance, you could have bought this at
.25 in August and sold at $
.95 -
.97, pretty much a 3 bagger (no BP we didn`t hit $1 but
.97 is pretty frickin close and if the markets hadn`t turned soft in mid-Dec we probably would have gone thru a $1 but of course in your little world macroeconomics don`t mean anything).
I believe we`ve been consolidating quite well in the
.70 -
.90 range for a while now and we seem to have a lot of support at
.70 and of course that`s where the last financing was done. I would think the next run up should see us go thru $1 to maybe $1.20. What will be the catalysts?? Drill results at Kobada of course plus I think they are doing a scoping study. I think the big catalyst will be Ghana this year. If they hit there we should really start to fly.
To me this is make or break year for AGG. I don't think much will happen between now and the the PDAC which is only a month away unless the current show and tell their doing in Africa leads to something, which it could. They've released all results from last year so I don't think we'll start to see new drill results from Kobada until more towards the end of March. I'm personally giving this until the summer as I'm hoping we'll see something on Ghana by then.