Yes, the share price is at a dire level. However, it is not just Argo. The same could be said about many stocks. The world economy is in a mess. The Euro Zone is imploding with knock on effects every where.
Does anyone know how it is on the drilling front with Xstrata? We really need some good news. With the share price at current levels it is very tempting to buy more. Remember early 2009 when prices were bombed out? There were some real bargains that subsequently incresed by many multiples.
AXT Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held