"News can come any day"...Jesus you lot have been saying that for 7 months! Bonkers!!
My take on this... Jim... "can we extend the exclusivity deadline another month for nothing please?"
TNM... "sure Jim, we've got no one else interested in it anyway!"
Tell us something we don't know. All this second guessing on NO news is painful to watch and is only worth watching at all for it's comedy value.
This kind of AIM stock brings back painfull memories. Reminds me of averaging down on YELL and getting locked in till their death. Over £20k down the drain on a company that surely couldn't be killed! Axeon. ..biggest manufacturer of batteries for electric cars in Europe. Invested £5k right before the major lender (who were 100% on board) pulls the plug and aquires them through the administrator in a pre pack arrangement for a quid!
My point is you are taking a massive risk in this stock because it is one man and his attempt to hit the big time. He got very close at one point but had the rug pulled from under him, chances like that are very rare, he had one and fluffed it. Game over.
The best thing he could do with AGQ's entire cash is buy a three bedroom semi in London or shares in BLT. ironically I bought some BLT in Feb and the Dividends so far alone have been 5x the current value of the £10k I invested in AGQ when at £2 and then at 50p assured it was on the cusp of a full production mine. Producing yes but not for AGQ! lol. I bought into AGQ for one reason only...chasing the future value of silver. They as a silver miner were attractive but as a "miner" without a mine they currently have zero value.
Chasing AGQ over the last 7 months instead of buying into large cap miners has already been a mistake. BLT offers scope going forward to recoup your loses since February.
this does look to have been an orchestrated p&d today it is encouraging how fast it will move when positive news does land. I am happy to hold and wait... still a gamble but i do believe limited downside makes it worth a punt
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