pasta plant

[notaredneck]

I've been busy last couple weeks so maybe a missed the press conference or the big announcement...Pasta Plant is a no go?????!!! Shocker!

[wilagro]

I wouldn't be a bit surprised to see the whole project shelved indefinitely.

http://www.thestarphoenix.com/business/Pasta plant project backburner/6620314/story.html

[sumdumguy]

Maybe govt money in short supply?

[Hopperbin]

AGT's stock price has sure been taking a licking down 7 percent yesterday and another 10 percent today. Seems they are bracing for harder times. Dividend is now at 6 percent of stock price. Wonder if they can avoid slashing the dividend? May be a stock to watch.

[blackpowder]

Some people are fulfilled by disappointment. Finding satisfaction no matter the announcement. Sound like anyone on here?

[wilagro]

blackpowder: Please be more explicit.

[BreadWinner]

Sounds like rational thinking to me, some times
we put off capital purchases when we want to be
fiscally prudent. I think it only makes cense, in fact
I might go out and buy some AGT sounds like it
could be a sound investment. Buy for 10 and sell
for 50 in a few years.

[sumdumguy]

Go for it breadwinner. You will be filthy rich.

[gustgd]

AGT never had Govt money committed. Only tax
dollars were for infrastructure (roads,
sewer....in the global transportation hub
west of city. Available to anyone who builds.

[wmoebis]

You think AGT will refund the tax payers for the money wasted for Harper, Ritz and friends to fly to Regina to announce the big news?
IMHO they just made the Gov't look like fools. You would think all variables would have been planned out before hand.

Any of you chart watchers want to comment on the shares value and trading of AGT when plant was anounced and now again when it was put on hold. Could it have just been a get rich quick venture for some in the know?