AAG
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0.00% 28.0¢ aragon resources limited

swordfish,My thoughts precisely! It will be interesting to watch...

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  1. jtaylor1
    3,890 Posts.
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    02/04/11
    16:05
    Post #: 8203336
    swordfish,

    My thoughts precisely! It will be interesting to watch acceptances over the next week. Bid will be extended for sure.

    I'd give my AAG up at 1.25 to 1.3 for one and I suspect I'm not the only one thinking that. We've got more gold, earlier development options and more cash. Hard to argue at this stage of development the companies should be valued relatively evenly (although I do believe the Rover field offers more long term potential - paying a premium for 'potential' is risky business)!

    JT
    AAG Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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