KGN and AGGAlthough I'm not a KGN shareholder I do follow the board as I am a AGG shareholder. When I forget to log in I can see BP is still rambling and talking to himself and generally being his usual irritating self. I put him on ignore a while back as he became to annoying and generally seems incapable of getting the big picture......just like with this recent KGN financing.
One thing BP seems to be getting clued in about is AGG's land position in Ghana and the potential that exists there. AGG's land position dwarf's KGN's and there's gold all over it. One might think KGN might want to take a run at AGG, especially being all cashed up like they are but the one thing about AGG is 50+% of the stock is very tightly held by management and key institutional players like Sprott who have been in from the get get go. They won't let AGG go for a song.
Now enough rambling and to the point. AGG is worth $2 plus based on their Kobada property alone. If they hit in Ghana AGG should be a $4 - $5 stock, a potential 5 - 6 bagger from their current SP. They are still very undervalued. What's KGN's upside??? Maybe a double if you're lucky.....especially after all this dilution????
If the name of the game is ROI the easy money's been made with KGN. You folks really should take a close look at AGG!!
This will be my one and only post on this board so don't bother replying BP (I know you will anyhow as you just can't seem to help it). GLTA