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silver100

05/21/09 12:27 PM

#14153 RE: cl001 #14152

AGT not only has potentially toxic hedges, but they also have a whopping 232.81M shares outstanging according to yahoo.

GORO has gotten to this point with no hedges and only 41.10M shares out. IF they need more money, it will be a miniscule amount and won't add much to their shares out at a share price of almost $5. Plus their last raise was over the market price with one of the top names in the entire industry without warrants or options as is the norm. To think that AGT could do such a thing is laughable imo. Not trying to bash AGT, just drawing parallels.

I sleep soundly with GORO. With AGT's pretty dissapointing history, I won't touch them. But I guess that's what makes a market. Good luck.