News soon? What is happening?Very few holes have been reported. The last drill results were three weeks ago. I suspect they want news out before the Toronto Resource Show this weekend. The last drill results showed what appears to be either a new zone or an extension to the deposit. Either way this was VERY good news. We eagerly await the next drill release which should be out very soon.
In addition, we still haven't heard from the mysterious third party that paid about $500,000 to confirm the deposit and see if it is open for expansion. These results were great but nothing happened. I suspect they are watching the current drill results and may even be talking about a possible JV or buyout. We also haven't heard news from Newmount who are currently engaged in exploration one of AGG's Ghana properties and must spend $4 million for a 51% interest and may also earn an additional 19% for another $4 million in exploration.
Three potential sources of news!