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Evolve Canadian Aggregate Bond Enhanced Yld Fd ETF V.AGG


Primary Symbol: T.AGG



TSX:AGG - Post by User

Comment by jdn55on Jul 15, 2014 5:03pm
131 Views
Post# 22748254

RE:RE:RE:RE:Summary News

RE:RE:RE:RE:Summary NewsTreetop and GD as well, Respectfully if it's objectivity we're talking about then why don't you state all the facts instead of only part of them. I would suggest you review the July 2011 PFS in it's entirety for starters. Next I would suggest you read the June 2013 updated resource calc to understand the impact that will have on the Kobada PFS. Here's another fact. Much of Kobada is wide open for a substantial uptick in the current gold resource based on drilling completed to date. You state the key number in the PFS is 0.87 g/t yet you completely ignore the metallurgy??? Grade, resource and metallurgy all are critical to any deposit. GD at least acknowledges and dismisses metallurgy. That's dead wrong though, especially in the case of Kobada. The bottom line is the metallurgy is EVERYTHING with the Kobada deposit. Kobada gold is amenable to a simple, very cheap GRAVITY SEPARATION circuit which is why a deposit with an overall grade of 0.87 g/t can be put into production and will be one of the lowest cost producers around. Once again take the time to look at the PFS IRR at $1100 POG. Personally I've seen very few deposits with a better IRR. All the news that has been released subsequent to the PFS suggest the deposit economics will only improve due to coarse gold effect, something that is supported by the recent FS work that has been released. I reiterate that PFS, resource calc's and FS work results are all compiled by arms length 3rd parties, not by AGG management. For the record I am a fairly large AGG shareholder and make no mistake about it, if someone misrepresents the facts or states half-truths and omits other very relevant facts I will rebut them. I don't give a shiite whether you don't like the deal or management. IMO management has done a very poor job in some areas, specifically relating to investor communications and more recently with raising money. With that said they have managed to move the project forward in the most trying times in the junior mining game that I've ever witnessed in my 35+ years of investing. I love my wife and family but I don't love AGG as some such as BP thinks. My investment in AGG or any other stock is based on cold hard facts. Given the size of my investment in AGG I will take on anyone on this BB who distorts the facts to try set the record straight. I like to hear contrary opinions as long as they're fully objective and not half truths.
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