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Must Be Patient

10/14/04 9:51 PM

#309965 RE: peace_2_all #309958

What do you like about AGT specifically? I never had much interest in them, probably because their current mines are pretty low grade. How many ounces do you expect them to eventually find at Black Fox? I'd like to know if I'm missing out on a good junior.
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basserdan

10/14/04 10:11 PM

#309975 RE: peace_2_all #309958

*** Gold related post ***

I look at azk, gbn and agt and can't understand why agt is at .78 considering the revenues and capitalization of these three co's. AGT's revenue is much bigger even though their loss last time was higher than it should be. Also, they just recently arranged for some financing. AGT and GBN used to track closely and all of a sudden agt fell off the cliff, lol. Can't figure it out. I have shares that I bought at .52 and sold half and still holding the other half. Good idea to still hold the half position I have??
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Hi peace,

Are you familiar with Mineweb's Global Gold & Silver Watchlist?

I like to use it when cursorily comparing miners and find it to be helpful than often than not.

In the above case Apollo's reserves (MC/P&P) are valued at a smallish discount per oz than those of Great Basin and almost 1/3 of the value that the market has 'assigned' to Aurizon's reserves ozs.

One can only conclude from this rough measure in value is that either AZK and GBN are overvalued, comparatively speaking of course, or suggests that there is a skeleton somewhere in AGT's closet.

My guess would be a hedgebook.

http://trinity.mips1.net/mggw.nsf/WebWatchlist?OpenForm