RE:RE:OX is about to run
RPM111... ABG is 99 cents today...that is true. To say we we will be trading close to a $1 once we are shovel ready is NOT a fair statement if you compare the basics of the two companies today.
AGB is gong to be producing anywhere from 74 - 94 thousand ounces per year
OX's preliminary PEA says Goldboro can produce 21 - 30+ thousand ounces per year
AGB has several 10's of millions fewer shares outstanding as complared to OX and has several other nearby properties that they plan to bring on line after Moose River is exhausted in 9 years.
Being realistic...we could be 30-50 (higher who knows) cents this time next year IF Management delivers their promises on time (increasing shareholder confidence), we get a positive new PEA, gold stays where it is and management secures a resonable financing deal to fund this puppy to production (more dilution is possible).
I would be estatic with 30-50 cents.
My 2 cents...LET's GO OX...I'm getting old! ;)