added some AGI at the close...
Frank, somehow can't believe that $340 POG, we'll see..., for my sake hope you are wrong...
here's my rationale, or lack thereof:
1) AGI completed $30M offering at $3, I bought in at $2.35, have to believe RBC, Haywood, and other underwriters have a vested interest to get the stock price back to $3 to "cover", i.e. sell the stock at $C3 and keep the warrants... They also have a vested interest in not letting the AGI stock price drop further..., if they want to keep their clients happy...
2) The April 16 and April 29 warrants have likely all been exercised by now, this likely put pressure on AGI stock price here recently, along with the POG... Next pressure point will be July 19 and Aug 21 when a whole big wad of warrants come up for expiration... Will likely be out before this comes about, one way or the other.
3) The AGI feasibility study will be released in the next few days/weeks..., this should propel the stock higher, i.e. to above the $3 PP cost...
4) Heavy insider buying by McCluskey over the past several days/weeks...
5) Finally, putting my faith in Martin M for the POG...!!@!!
we'll see...
