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iShares Core US Aggregate Bond ETF V.AGG


Primary Symbol: AGG

The iShares Core U.S. Aggregate Bond ETF seeks to track the investment results of an index composed of the total U.S. investment-grade bond market. The index measures the performance of the total U.S. investment-grade bond market. The fund generally invests at least 90% of its net assets in component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the economic characteristics of the component securities of its underlying index.


ARCA:AGG - Post by User

Comment by jdn55on Mar 18, 2011 1:08pm
444 Views
Post# 18306115

RE: A shot in the dark

RE: A shot in the darkThe issue of the poison pill is routine and precautionary. It would be tough for anyone to take a run at AGG without it being friendly. As has been stated many times 40+% of the shares are held between management, Sprott, Pinetree and a few other key stakeholders. Yes Pinetree has been selling some stock but, once again, it's peanuts compared to what they hold. These guys know what they have and nobody is going to scoop this thing for peanuts.

My contacts tell me we should see news next week and then news should start flowing regularly thereafter again. Apparently management is pumped with regards to Kobada and everything is looking good there and they are on schedule with their work in Ghana which if that is the case means the drills could start turning in Ghana in April.

Personally I'm very comfortable with how things are unfolding and still maintain this is going to be AGG's breakout year. They've put together a great team of geo's in the last 12 - 16 months that are moving things along nicely.  
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