RE:RE: Where do we go from here???.......
Kobada should be very economical at $700 - $800 gold. At $1100 gold it will be extraordinarily valuable. I also believe we'll have no shortage of suitors when AGG proves Kobada is amenable to gravity separation.
I won't defend AGG's management but our market cap has a lot less to do with management then overall market conditions. You being a shareholder for 4 years and witnessing the value destruction all around the resource space and especially junior golds should know that even if you choose to ignore it. Take a look at VTR, AKG, ORE, PMV, SMF, EDV. They've all had their market caps decimated. Kobada will be a more valuble deposit than any of the deposits they are developing or mining. I will also say that management has done a pretty good job of developing Kobada into a 2.7 MM oz deposit.
I do share your frustration (who wouldn't) but you sound like someone who is close to capitulation and given the value of the asset that could be a big mistake given our NPV is close to $600MM based on $1100 gold. We're all looking for an exit. Some are more patient than others though. Just a suggestion. Try make decisions based on analysis and not on emotion. Trust me when I tell you management isn't just sitting on their hands.