OTCPK:SPVEF - Post by User
Comment by
George98on Mar 30, 2018 2:29am
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Post# 27807242
RE:RE:Gold producers....AGB or DNG?
RE:RE:Gold producers....AGB or DNG?Sandman852 wrote: I own both and believe they both have value. Edge in management to agb having built a real mine under budget and on schedule. Dng is potentially the quicker return imo especially if they move towards a dividend payment and / or develop their property into a low cost production asset. In the meantime they have strong income from their artisan mining deal and that's good free cash flow for the future.
Thanks sandman852. I think that AGB is a sell the news case and it has run ahead of itself. This is typical with explorers who bcome producers. The best time to buy them is when they are close to production and the best time to sell them is when they bcome producers. Now it will take more
than 2 years for AGB to increase its production assuming that all goes well without cost overruns, accidents, etc.