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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 Spence4on Apr 17, 2020 5:03pm
104 Views
Post# 30923840

RE:RE:RE:RE:RE:Serious suggestion

RE:RE:RE:RE:RE:Serious suggestionNo connection with AGG, directly or indirectly. ORE clearly at this stage has, at 1.6MM oz, a larger reserve (and you mine reserves, not resources which may or may not be economic) than AGG's reserve estimate from 2016, which I am anticipating (we'll see in the next few weeks) will increase just like ORE's did when they re-rated their Reserve Estimate last June. My guess is an oxide reserve of 800k - 900k oz. which sets up nicely for a 100k oz. per annum production profile. Yes, this is smaller than ORE's, but AGG's capital costs will probably be half and its processing costs much lower. At a current market cap of CAD $19MM, if this were to triple to a mere CAD 60 cents, that would result in a market cap of CAD 55 - 60 million which is cheap if the CAD after-tax NPV can get up to $200USD (CAD280 or ~ CAD 1.00 per share). We'll see. AGG for a number of months has been clear on their timing in their PR's : the revised Mineral Resource Statement will come out right around now (they combined the Phase 1 & 2 drilling results) as opposed to issuing a statement based on Phase 1 drilling results and then have to update the Statement based on Phase 2 drilling results. The DFS & ESIA will come out sometime in Q2 (ie April - June timeframe), they have also been clear on that in recent PR's. As for the rest, I certainly don't read the Investor Deck the same way you do ie that AGG has committed to construction being completed this year. Am not sure of all the drama & history you refer to, AGG's historical chart looks like a lot of juniors - ugly - but you sound really, really angry.....no, not so much angry.....as downright hurt. This stock is an investment, not your girlfriend, so please try to keep the tears & emotion out of it for the sake of all of us.
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