Mostly: Classical

[Sexton O Blake]

My thoughts on your AGI analysis

First I personally own this stock across most accounts. My immediate "interests" include stocks like RRI, CPST and BKB - I know more about them than with AGI.

Second - I find little at RBC in any area to be credible. They treat all patrons who haven't signed up for their VIP banking service as sh*t. Biggest nickle and dime organization out there. The only reason why they are doing well - IMO - is that there are so many people that never change banks and at one point of the choices out there RBC was the best thing. I felt that way once but now almost everything is with TD and they have shown they know how to treat customers well. This may not be "german" (as Archie would say) to the discussion except, RBC does sell their mutual funds to everyday clients - and we are talking about the investment side.

Anyahoo, the problem I have with your analysis or rationale is your first point. The fact they have a PP for "$3" and "They also have a vested interest in not letting the AGI stock price drop further" is noise. Their job is to make their clients happy? HA! I will post something directly contrary to that point.

I have seen this over the years with zero basis. When was the $30M PP made? When gold was at $380 rising to $400+ or at $420 and looking strong? or during the time it was at $420 on the way back down to $390? Do they have a direct influence on the price of gold?

Your argument would be best served with all the good points and perhaps throw in the end the $30M PP - to some that is "icing on the cake" and to others thats the "deathblow".

To be honest with you I am green in many areas of the market (even the experts don't know everything so I am not so disturbed by this fact). I would be interested to know how anyone can "get the stock" up to a certain price. Well for promoters of a small exploration company there are "tricks" that they use to manipulate the stock. But we are getting into "banker" world - how do they do it? I can only assume unloading to their clients (per the above).

If I have a PP for something like Reliant [fictious scenario] for $6.75 and the price is $7.00 there is a tendency but not a guarantee the price may drop to $6.75. The argument with AGI is they want to get the price up to $3 so they can unload? To break even and keep the warrants? Aren't there better opportunities to MAKE serious money than piddle with such a venture which relies on an underlying commodity?

If this were oil then I see a very long term investment opportunity with a much greater upside. But Gold? Can it sustain $400 let alone get to $500+ or even prevent falling back to $300.... ?? I seriously wonder.

If AGI continues to slip I have to sell to maintain what little profit is left for some accounts and prevent (cut) losses in others.

Personally stick to the points that make the company strong - yes getting $30M is excellent and a PLUS (confidence in the company). But the $3 and "vested interest" RAH RAH stuff is of no value to myself -- except that if the stock hits $3-$3.10 these clowns might start dumping to get out and leave the poor soles like you and me holding the bag of a stock that is crashing. My point here is your $3 is not a "good thing" but instead an alarm that bankers want out -- you never suggested you might sell at $3 (unless it was implied).

OT but another point on RBC: The question is who lent money to Enron and more importantly of the ones that did, who lost the least? I personally, as I read various stories on Enron, before the issues started to appear, I personally loved the story and was waiting for a good entry point. (Yes I loved other stories more and even lost everything with PSIX -- but I digress).

Royal Bank of Canada enabled Enron to inflate its financial results

(And if anyone says "yeah, but this is a different part of the company...... there are leaders and direct[ions/ives]..

Otherwise points 3-5 sound good - esp number 4. I always like to hear when insiders are buying or selling. Some company (have to document this stuff) had insiders selling and one of them gave what appeared to be a logical answer as to why - but that didn't account for the others.

Anyways my two cents.. and crossing my fingers over the next week... (toes too Barney).