5 Standalone Projects in West Africa in Mali and Ghana
Intial Inferred Resource of 540,00 to 750,000 Ounces of Gold, Kobada, Mali
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African Gold Group > Message
Sudbury_nickel

Re: Zimbabwe predicts drop in production

Posted by: clever1 on June 04, 2008 03:04PM

In response to: Re: Zimbabwe predicts drop ... by bubba9

I take your comments with a grain of salt seing as your profile states Edmonton, but in reality we are all together in this Junior Market trying to eke out whatever gains we can. Sometimes it takes more than a couple of minutes of DD to make an educated decsion.

Welcome Bubba9, I would be happy to tell you why I am involved as an investor in AGG. I know that AGG hired Agoracom, not sure if that makes it one of their favourites, but is definately one of mine.

Africa is renowned for its mineral resources, AGG just happens to share the same geology as Keegan Resources and the two combined have over a million ounces contained within their concessions, AGG has defined over 500,000 ounces on just 10% of their concession within the known trend extending much much further; the potential to prove up over a million ounces on their own, coupled with an area play and Africa's history of low cost production makes this a no brainer. For me at least.

Seeing as I have a very long term time horizon I will wait for the market to catch up to me, rather than chase; cause with a very low outstanding share structure the ability to go parabolic with a major discovery is only a matter of time.

Oh, and the Junior Resource Market is currently in the midst of a bear market cycle with in a larger secuklar bull market trend. Juniors will come back to life and AGG has just about bottomed out.

Hope that helps Bubba9, stick around as your comments are most welcome, maybe you could provide a contrary opinion?

Cheers!

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