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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 May 06, 2020 12:52pm
102 Views
Post# 30993659

RE:RE:RE:Next two months

RE:RE:RE:Next two monthsRe: timing on release of DFS we still have the better part of 2 months before end of calendar Q2. I personally believe we'll see this released well before the end of June otherwise you're into the summer doldrums and then rainy season in Mali. At least they have the cash to complete this now even if us old shareholders paid a huge cost in dilution.

I can't recall for sure but I think in a recent previous press release they stated they were going to release the updated resource calc and DFS all at once whereas originally they would be released separately. From a promotional perpsective IMO they should still release separately. We'll see in good time on that.

Re: share price, it has been disappointing that we can't get traction but these markets are incredibly volatile and AGG has been a "show me" story for a while now. Looks like we still are. With that said we seem to be consolidating nicely in the 30 cent range. Would be nice to see a gradual, stable move up to the 40 - 50 cent range and consolidate there prior to the release of the DFS and then hopefully we get the news and a reset in valuation up around a $1. Once again we'll see in good time on that. Fingers crossed as if they have to raise more money to get into production I sure as hell don't want them raising anymore money under a buck. This is where these promoter guys have to earn their money. They've only been on board for a couple of weeks so you have to give them a bit of time to do their thing.

GLTA and stay safe!   
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