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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 Jan 21, 2015 3:31pm
118 Views
Post# 23345286

RE:RE:RE:RE:News Coming Down The Pipe!

RE:RE:RE:RE:News Coming Down The Pipe!Treetop, I've stated this ad nauseum in many previous posts. Based on what I hear and know AGG will not raise production CAPEX through issuing equity with a share price in the 5 - 10 cent. I see a streaming or royalty financing deal combined with debt financing (up to 75% debt) or a lessor possibility, a JV on the property only. With the exception of debt financing this still represents a form of dilution but should be less onerous then selling 5 or 10 cent paper. I'm hearing there are available options (note plural) open to them but the hard negotiating won't start until they get close to completing the feasibility study and they're permitted. If their only option to finance Kobada is equity they'll likely auction Kobada off or put the entire company up for sale. All the preceding commentary is what I hear through the grapevine only. This does not come from management but historically my non-management sources are fairly reliable. Re: penny flippers, I don't think they'll play AGG too long as it is typically too illiquid. Definitely not a good play for penny flippers as these idiots are no doubt finding out. No doubt the market is going to have to chew through some stock though to get this moving back towards 10 cents. Hopefully POG can sustain this move back up to the $1300 level. Eventually AGG will move. GLTA
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