Replies to post #14156 on Value Microcaps Junior Miners

[davidrm]

Thanks.

[cl001]

Want to add that AGT management mentioned the mill is steady operating at 1500. They will make the official gold pour and production announcement next week. They will install a new crusher in the first week of July to increase to 1800, then 2000 by the end of the year. Using the model they provided us at 1800 they will be producing 148K oz/year at cash cost of $285/oz.
They are expecting averaging 1800 ton/day for 2009(slide 4)

[rocketeer357]

AGT fantastic news that they can sell the physical and pay the hedge at the prescribed rate. It seems too good to be true at today's POG. It's like not having a hedge at all, unless I'm missing something.