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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 gold_diggers1on May 13, 2016 4:09pm
67 Views
Post# 24871927

RE:Joke of the day

RE:Joke of the day
Treetop2 wrote: Just saw ts' joke of a post on AVK board:

"If you think AVK is suppressed, look at AGG that has 2 bashers on that board bashing non-stop. AISC $788 and IRR 43% has similar good numbers to AKG, but those bashers are trying to make it trade under a measly $20 market cap. Compared to that board, the AVK board is a breath of fresh air."

(I am posting here rather than at AVK so as not to pollute AVK with the foul air of AGG, of which ts has taken over as the major source.)

The big joke is that ts appears to believe that AGG's price is "suppressed" due to a couple of "bashers" on an unbearably noisy and mostly irrelevant SH page!  Hint to ts: share prices are not determined by a war of words on crappy message boards.  They are determined by the game of dollars on the actual market.  So if you want to "un-suppress" the price of AGG, you and a few others will have to do it with dollars and not words.

For anybody who is interested (possibly nobody on this board), the differences between AVK and AGG are more than night and day.  Just a couple of simple, key points:

- AVK is an operating company (though currently not profitable) with very strong support from major shareholders.  Unless gold crashes, it is virtually certain that AVK's new mine will be built.  The only questions are who will move first in terms of investors (existing or new), and where the price will end up for the small investors.

- AGG's project is still a very long shot to become a mine, which is the principal reason for the share price.  As noted previously, having a Feasibility Study doesn't mean you will have a mine.  You need major investors to buy the assumptions in the FS - and so far none is buying.

Good point, TreeTop2...... investors move the sp with dollars, not words.....?!
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Oh wait, counting TreeTop2, there should be three "bashers" on this AGG board....LOL.....
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No, I won't go over there to pollute the AVK board either......
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