AGO

The management remained very optimistic when Fe ore price was falling.  Nobody believes.  Neither did I.  The market ignores POG but follows the price of iron ore and coal passionately.

I didn't buy any more AGO because the logic is and still there.  When Fe ore price falls, so will the profit.  But now the Fe ore price is rising so AGO is becoming much more valuable.  I have no regret but it is nice to see what was once GIR, is now very profitable for me again!  When it was takeover, I sold a lot of my holdings at over $3.