Value Microcaps Junior Miners

[cl001]

I listened the AGT CC again last night. The most amazing fact I found was the guidance of Mel gave the guidance of 27K oz of gold in May and June. Using conservative 500 dollar margin, I came to 13.5 million cashflow for the first two months of operation! It is running at 81 million cash flow annual rate. Consider they are going to increase the production through out the year as they are ramping up the mill!
Even more amazing is the fact it came out of the mouth of Mel. You talked to Mel and I did too. He is an extremely conservative Brit. If he said 27K, it is probably going to be 10% higher, like 30K!
Check it out it is in the Q&A section. Basically AGT is trading at 1 times cashflow at the current gold price for only the first two months of production!