RE:RE:RE:RE:RE:RE:RE:RE:Worth the strong premium to AGG? Treetroll, I repeat, why don't your enlighten the board and expand upon the following statements re: your comments on AGG from your previous earlier post:
- "it is improbably optimistic" - what specifically are you referring to that is "improbably optimistic"??
- "dependent on an unproven process" - what specifically is the "unproven process" with a gravity-CIL circuit??
Some other AGG questions Treetroll relating to your most recent post:
- How do you know the $1MM dollars worth of drilling to double the reserve is a fantasy??
- Have you looked at the Kobada data base??
- Have you ever even read the Kobada FS and read the consultants comments on the reserve?? You do recall how you were going to critique the FS and never did??
- Do you even know what the typical cost to do a meter of RC drilling is and how many meters of drilling $1MM USD will buy??
You conveniently forget AGG has been running on fumes the past 5 years. All financial resources have been geared to completing the FS and a small amount of drilling that was required to complete the FS. They'd done all the drilling they needed to do to establish that reserve and, rightly or wrongly, AGG management made the decision there was enough drilling completed to get Kobada into production.
For that matter, how do you know what the company has been doing for the last 2 quarters?? Who you been talking to?? You say they've been dormant. I say they been engaged in looking at multiple scenarios for getting Kobada into production.
Now answer all my questions for a change Treetroll instead of deflecting.
One thing BB readers will learn about Treetroll is he's an expert on giving unsolicited, unsubstantiated, usually negatively biased opinions on topics like oil, gas and mining exporation and mining, which he knows very little about but pretends he does. Whenever he's directly challenged with questions he deflects or doesn't bother answer at all.