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Antioquia Gold Inc AGDXF

Antioquia Gold Inc. is a Canada-based company gold exploration and development company. The Company’s primary focus is the operation of its Cisneros underground gold mine located outside Medellin Colombia. The Company’s flagship project is Cisneros project in Antioquia, Colombia. The project is located in the central portion of the department of Antioquia, roughly 55 km northeast of Medellin. The project is comprised of 10 concessions totaling 5,630 hectares. The project hosts a structurally controlled mesothermal lode gold system. The Company’s exploration projects in the vicinity include AngloGold Ashanti/ B2Gold (Gramalote Project), Colombian Mines/Arturus Ventures (Nus Project), Sol Vista (Guatalupe Project), Red Eagle (Pavo Real Project) and CuOro (Santa Elena Project). The Company’s subsidiaries include Antioquia Gold Ltd., AGD Colombia (branch of AGD Barbados), and Ingenieria y Gestion del Territorio S.A.


GREY:AGDXF - Post by User

Bullboard Posts
Post by geeps2015on Dec 01, 2009 11:02am
725 Views
Post# 16539970

Looking good

Looking goodAmazing the information you can find on this company's website.  As of November 15, they expanded the drilling program by 500 to 1000 additional meters.  They had 2800m drilled in 23 holes with 1200m more to go, so about 10 more holes.  Of 1200 selected samples, they have sent 1000+ samples to SGS Laboratories and results were already coming in.  I think maybe another 2 weeks and we'll know if they are on to anything.  So far, based on indirect market signals, I would say they found gold.  Hopefully they can get these shares above the $1 mark before the next round of financing.  I took advantage of the pull-back and increased my holdings significantly.  Hopefully it pays off...
Bullboard Posts