RE:RE:RE:RE:RE:RE:RE:RE:RE:NEWS June23rd- PROVISION of EFFICIENT ENERGY for Project ++ Just for the record Shore AND Phil, I see both your sides. Some of my posts should be taken as conjecture, like the cognitive dissonance comment or "dig up shiny metal and sell".
mom just being provocative at times in order to open up the discussion further.
Shore, I agree with you that the value of AGG is more than 25.00 a share and no I don't want my investment to be lowballed with a paper take over.
However, you have to agree with Phil that REGARDLESS of anyone's valuation matrix right now AGG closed at .15 x 150,000,000 = a market cap of 22,500,000
Given that the market is establishing a value of 19/20.00 an oz you can't really deny what he's saying.
NOT saying the markets are always right and NOT saying it's probably being heavily manipulated but regardless if I go to my broker Monday to sell AGG shares I won't find a bid for 50 or 100 an oz valuation (at the moment).
I think you have to agree with each other on some level