RE:RE:RE:RE:RE:As usual..,Yes, I put Treetroll on ignore. Should have done it along time ago. He is a troll that spouts gibberish and never responds when directly challenged to back up any of the negative assertions he makes.
To Jcamp, do your own DD. The 2017 FS as well as an up to date investor presentation are on the AGG website. I'd start with that. Then I'd look at who is now running the show and all the recent press releases on who was just hired and the money they just raised. Without question the CEO, Bharti, is a controversial figure and he is a greedy SOB who has a long history of overcompensating himself and his cronies. With that said he has also had some huge wins over the years to go along with his misses.
I personally have been an AGG shareholder since the beginning and made some huge gains and also suffered greatly starting from late 2011 to 2016 and then from 2016 to present.Throughout that entire time I have also always stated Kobada is a hidden gem that will eventually be a 5MM+ oz deposit that will be very profitable to mine even at $1200 POG. Nothing to date has changed my mind on this asset over all these years. Bharti despite his shortcomings, knows this as well. He wouldn't be wasting time and money on this if he didn't see any potential and I think Bharti sees big potential to build a mid-tier producer with Kobada and his privately held operating gold mine in Ivory Coast as the foundation. Guys like Bharti want 5 - 10 bagger wins. In that regard he's no different then the rest of us.
Now add to this mix Trump and his idiot accolytes who are creating chaos and therefore creating a flow of investor money into gold. You also can't ignore the US Federal debt is spiralling out of control. I'm personally not a gold bug but I do believe gold is going to have a run here because of Trump and his misguided actions both domestically and on the global stage.
The bottom line is things are setting up better for AGG and gold stocks in general then they have in years. Unlike Treetroll I can look at the postives and the negatives and I see the positives far out- weighing the negatives at this point in time for AGG. GLTA