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iShares Core US Aggregate Bond ETF V.AGG


Primary Symbol: AGG

The iShares Core U.S. Aggregate Bond ETF seeks to track the investment results of an index composed of the total U.S. investment-grade bond market. The index measures the performance of the total U.S. investment-grade bond market. The fund generally invests at least 90% of its net assets in component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the economic characteristics of the component securities of its underlying index.


ARCA:AGG - Post by User

Comment by jdn55on Apr 10, 2014 4:02pm
168 Views
Post# 22436812

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Unbelievable!!!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Unbelievable!!! I honestly don't know WTF you're yapping about T2?????? They're looking at selling their existing Ghana properties to raise cash. They are definitely not buying more land. For the record they have over a 2.7 MM oz resource and probably a lot more when you consider the nugget effect grade bounce. BTW, in your last post, which I decided to ignore at the time, you said something about AGG should stop drilling. They haven't been drilling for 2 years. 3rd party engineers have recently been doing bulk sampling as part of the FS but there is no more drilling going on. You do have to have a FS before you can get permitted and financing and you have to have financing before you can get into production. AGG's sole focus since the completion of the last drill program (I once again re-iterate over 2 years ago) has been to get Kobada into production and AGG management is very well aware the market isn't paying anything for ounces in the ground and hasn't paid anything for ounces in the ground since late 2011. Oh and by the way T2 you're not going to get any cash flow out of a 1 ton per day pilot plant as in a previous post you suggested they use the pilot plant for production. They are on the recent record as stating they want to put a 1500 ton per day plant into operation to..........wait for it..........generate cash flow. The information I'm hearing is they can do this for peanuts cash wise given the very unique nature of the Kobada deposit and it's amenability to gravity separation. A 1500 ton per day plant will give them significant cash flow. I personally am under no illusions in that raising the required cash is still a very tough nut to crack but you, being in the investment business at one time, should know there are more ways to do this than just issuing stock. I told you probably about 3 or 4 months ago or so in a post that AGG management's thinking and your thinking are more or less aligned. Wow!!! Isn't that a revelation!!
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