I am a bit confused. As a twenty year share holder of anglo I don't understand the price drop. Have we forgotten The company just received a pp at .475 cps by a company that really does their homework and only invests in quality companies. This somewhere around 5 million investment means that the investors really see a value at 47.5 cents or better with another option to buy at .60 next year. Doesn't that mean that the investors really believe that .60 will be a real bargain? I did not go back to look at the specs on the pp but I am close if I remember correctly.

Have we also forgotten about the contract to sell the paving company all the gravel in the spring.

It seems to me anglo has their op. capital for several years and will have money to find more properties. With the refurb on the mill their will be another income source. Isn't this what makes a quality company?

Griz what do you think?