Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG

RE:RE:RE:RE:RE:RE:Thanks TSXNOOB and zzstocks70

[ABDPhil]

@ Trekie07: You have good points and they are nuanced.

@Wolfofnoobst: You did a good job.

AGG's financial situation does not help Mr. Callow. I believe that the difficulties associated with financing this factory have long been underestimated and that he will have to resolve to choose the least worst case scenario. Mr. Callow is a good administrator and speaks very candidly. But above all, he's a mining engineer ...

The least worst case scenario for AGG is still the same in my mind, being the merger with a partner whose financial position will be strong enough to finance the establishment of the plant, but small enough that Kobada can have a big impact. on the income of the merged company. Thus, the current shareholders could benefit from the good income generated by Kobada, in addition to the income from the license (s) of the acquirer.

Whatever the conclusion, I would be surprised if short term investors are offered a premium in such a transaction. In the case of a stock exchange acquisition with a cash option, the amount offered is unlikely to be generous and will simply get speculators out. As for long-term investors, the initial ambitions may need to be revised. But if the goal is to merge, inevitably the offer will have to be attractive enough to be considered and accepted.

I still believe that Kobada is a good project and I am aware that the boundary of the mineralized zones has not yet been determined. Thus, the reduced ambitions resulting from the merger could eventually be restored by determining new reserves on Kobada, extending the useful life of the mine and subsequently, organic and external growth.

If I had shares of AGG and considering that I am a long term investor, I believe that selling at 13 or 14 cents is definitely not a good idea.