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rossi

10/14/04 10:52 PM

#309986 RE: peace_2_all #309973

AGT.I think there is a risk of significant dillution.I think they have development or expansion plans that involve the issuing of a whole heap of new shares.
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Must Be Patient

10/15/04 12:40 AM

#309997 RE: peace_2_all #309973

Thanks, I'll take a closer look. Do they have all the final permitting for Black Fox? The market places a significant premium on reserves that are guaranteed (as an example, AZK has all their permits) - and so do I. In fact, I think AZK is relatively undervalued because of this.

I'm still thinking that AGT's other properties won't be big moneymakers, but it's probably a good value if they are already assured access to Black Fox.