Antioquia Gold Inc AGDXF

Metals & Mining Gold

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.

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Antioquia Gold Inc

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Comment by geeps2015on Jan 25, 2010 1:19pm

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Post# 16715699

RE: RE: News Out!

Like tdsb said, AGD was chasing narrow veins of mineralization. It isn't like they have a vast mineral deposit. If this stock was going to pop, it would have already done so. With VEN and GSL in the spotlight, AGD seems like a complete waste of prospectors' money. I really don't understand why they want to waste more money in the Cisneros area. There is clearly enough gold for artisan miners, but not for a large mining operation. The likelyhood that any company would dig millions of tonnes of dirt out, following narrow veins averaging less than 5g/tonne is highly unlikely. I am glad I dumped this stock near its high. I was going to perhaps jump back in at the current levels (low 40's), but given the very unimpressive results, I will keep my money in other stocks. Best of luck to Antioquia Gold Inc. and its shareholders.

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