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Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG


Primary Symbol: T.AGG



TSX:AGG - Post by User

Comment by jdn55on Oct 28, 2014 12:39pm
126 Views
Post# 23068136

RE:Wow...still baffled by the nature of the conversation here.

RE:Wow...still baffled by the nature of the conversation here.You're right about one thing T2. It was poor form of me to make that comment about Intenwash and I apologize to the board for that. With that said Intenwash got hammered because, from what I'm told, he was leveraged to the nines. He's made the mistake and he's paying the price. For the record I've stated on this board a few times now I wasn't comfortable with Pinetree's position. It's been known on the street for sometime that they've been on the edge or they were weak hands so to speak. You're right also that I've ridden this to the bottom and I'm buying the bottom. I very much believe in Kobada and have the courage of my convictions to buy down here. The fundamentals of Kobada have only improved with time. I'm prepared to suffer through a low share price for quite a while longer if need be so as to realize a long term gain. That may not be your philosophy but it's mine. I believe the upcoming release of information that's coming as a result of the feasibility study is going to be excellent. I believe AGG will get their required production financing and I further believe Kobada will be one of the most profitable gold mines in West Africa. I'm prepared to wait until Kobada goes into production to prove this out if necessary. I'm also prepared to acknowledge I could be wrong and lose my entire AGG bet. That would hurt but it's not going to break me. It's a risk I accept. Furthermore, I would rather not have had Pinetree get their position flushed down the toilet. It's making for a very messy market on AGG. It's happened though, it's likely temporary and I do see it as an opportunity and have acted accordingly.
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