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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 May 04, 2020 9:32am
93 Views
Post# 30982833

RE:AGG - YouTube channel - Andreas Rompel

RE:AGG - YouTube channel - Andreas RompelThat is a very good find of and thanks for sharing with this Board. Here is a better link to the May 1 video : https://www.youtube.com/watch?v=vp_2VOEPXVc AGG's VP Exploration Youtube presentation is brief, but very insightful. He states definitively that the Phase 1 & 2 drilling campaign will add Resource ounces and will move Inferred ounces into Measured & Indicated category. How many ? Will need to wait for the impending re-rated Mineral Resource Estimate, and that will result in moving ounces from the Resource category into the Reserve category - which is critical because once again, you mine Reserves and not Resources. How many additional ounces will graduate to the Reserve category ? Will need to wait for the re-rated Bankable / Definitive Feasability Study to come out this quarter and that will provide us with the roadmap to for AGG achieving 100,000 ounce annual production (as opposed to the 50,000 ounce production in the 2016 Feasability Study) . Achieving 100,000 ounces per annum production will result in increasing AGG's after-tax net present value by an order of magnitude in my mind. If AGG is one big giant promote, then I am missing something.......I am very impressed with AGG's management for getting the story out in terms of the timing of putting the foot on the accelerator for marketing AGG, for the timing of the Phase 1 & 2 drilling campaign, the timing for re-rating the Resource and Reserve and moving to put this asset into production - it would have fallen on deaf ears and been a waste of money (if they could even have raised money) as recently as a year ago and which marked the end of gold's 5 year hibernation. Everything they are saying hangs together to me.
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