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Message: AGG shares hit .10 today...

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canon5

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Re: AGG news

in response to Re: AGG shares hit .10 today... by flapjaxx

posted on Oct 25, 08 07:43AM

What this tells me .... and correct me if I am wrong .... is that they can not complete the financing, they are cash poor because of the burn rate, they probably have not drilled since the beginning of the rainy season, the results from Easses are poor and they are not releasing them and they are giving away 70% of Mankranho in a last ditch effort to remain afloat. So in the end we will have to wait about 4 years before this thing moves again ... certainly 2 years until this recession/depression ends. We will see a dime before long. Only upside is that if you have money sitting on the side you can average down. Betcha John Embry is a real happy camper.

C-5

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