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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 shorelunchon Feb 15, 2021 4:32pm
102 Views
Post# 32569456

RE:ROBEX / AFRICAN GOLD GROUP

RE:ROBEX / AFRICAN GOLD GROUP

Bring on the avalanche of RBX shareholders over as buyers of AGG shares Phil ! 

Actually not a bad post wherein you acknowledge that  RBX is not without warts (just like AGG is not, but for totally different reasons) in that RBX needs to acquire ounces now, given the 3 year period you state it will take to develop their exploration permits.


What you left out and I surmise you've known for a while is that Cohen used to sit on the Board of AGG and was (and my hunch still is, though probably  to a lesser extent) a significant shareholder of AGG.

So the idea of your "new" discovery of AGG through studying  the Malian Mining Directorate  probably is in my view more promotional than factual to create a sense of "news" to RBX shareholders, and in my opinion also probably a misdirection given your past dealings with Cohen and Rousselet.

And as for AGG holding 10 percent of the RBX/AGG combined entity, wishful thinking and good luck in my view.

But  I stick by my original thesis that in the end,  and despite their new hire of a Corporate Development Officer, the Cohens will probably not succeed due to their inexperience in the jr. mining M&A  area and wanting to lowball the bid or insisting on a cash offer only and thus  deny AGG shareholders any upside in Kobada or for that matter Nampala, which quite frankly would be a shame for all concerned given the reasons you enunciate.
 





 

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