Replies to post #13216 on Value Microcaps Junior Miners

[kipp440]

AGT - The only negative I heard was an approx. non cash loss of $10 million will be reported on the hedges. (I am not sure when they report?) It is hard to say how the stock will react to this news, my opinion is it will be a great buying op if it tanks.

I was VERY impressed with the equipment, and the staff. All are tried and tested hardcore rock crushers. They have a real mine, with real gold, and they know what the heck they are doing. They also have more properties in the pipeline. I like my investment here. As long as Turbo Timmy and Uncle Ben run the printing presses wide open gold will be strong.

They need more analyst coverage as they come on line and a share price above $2 would help too.

Thanks to cl001 and you Bob for covering this one!

Kipp

[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!