Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG


Primary Symbol: T.AGG



TSX:AGG - Post by User

Comment by jdn55on Apr 01, 2014 10:17am
146 Views
Post# 22394846

RE:RE:RE:RE:Unbelievable!!!

RE:RE:RE:RE:Unbelievable!!! BP, admittedly AGG has been frustrating to you and many others including myself but in all honesty how can you say that you're not frustrated with AKG which has been dead money for how long now and VTR which you lost your shirt on. AGG, while very tight on cash, has got two things VTR did not have. 1. Kobada is an infinitely more valuable asset than Kiaka ever was (I sold my VTR in the mid-80 cent range as soon as they released their PFS) Frankly VTR shareholders were lucky they got what they did and those that held the new stock have done OK. 2. A tight shareholder control group that isn't going to let this thing go unless we get some semblance of at least a fair deal.......note I said fair deal not good deal. I don't know if it's possible to get a good deal in this market with all the vultures circling out there. I strongly doubt any of this control group would sell out for less than $0.50 though and at that price it would have to be an accretive type of takeover where both groups of shareholders will benefit moving forward. The Pinetree and Sentry guys aren't idiots. I'd have to swallow hard but personally I could live with it if it was the right partner given my average is now around $0.20. The right deal would increase liquidity and there would still have to be significant upside in a combined entity. I do know that management is intent on getting this into production by themselves though. Management has also greatly frustrated me at times, especially on the IR front when they buried their head in the sand for about 18 months. I understood why they did it but I didn't agree with that philosophy. With that said management has advanced Kobada during extraordinarily difficult market conditions, the worst I can remember in 35 years of investing in juniors. Knowing what I know I still believe Kobada will be in production before AKG will be. The picture should start to become more within the next 60, 90, 120 days as to how it will be structured. GLTA
Bullboard Posts