This is NOT what the market wanted to seeThese results are very good but are drilled in the main zone already drilled. Although this is necessary to increase the total ounces in the 43-101 resource report, this is NOT what the market wants to see. We want to see the area of the deposit increasing in size.
Please show us some good step out holes. This is the ONLY thing the market will get excited about. Results are coming out too slowly. AGG has drilled over 131 holes and only 15 have been released. We need to get twice as many holes for each NR.
Management is very confident that good results will continue to expand the number of ounces dramatically. AGG should be around 900,000 ozs to date. We need to get a boost over 1.5 million by Sept. by then the third party should be back looking for a JV to net 1 million ozs.
Why would institutions oversubscribe at 60 cents and not be buying at 35 cents?