Bharti, Gold, and KobadaI haven't posted in awhile and I too have the local troll on ignore. Won't be seeing any of his gibberish and non-sense.
I'm quite happy a guy worth 1.5 Billion dollars (Bharti's net worth) is inventing his precious time into AGG. Someone with that type of dough does not waste his time hoping to make just a few million.
Regarding gold as a asset, countries are currently actively trying to get away from the US dollar standard as they do not want to be in a "bulliable" position as they must currently feel right now dealing with Mr. Trump. Gold projections over the next 2-3 years appear to be significant in terms of growth. I get there has always been gold projections in a very positive light that have not materialized, but I see the Global dynamics significantly different then they have ever been, and I can see a big move back to the gold standard over the next while.
I'm still well invested in AGG. I have always been very impressed with Kobada. I was told of Kobada years ago by geologist friend of mine. Not sure if he is still in this play as we have lost touch, but regardless, this asset is very well known in the Mali area, especially by the local population. There is very easy to get to gold all through that area, so I have been told.
The issue, IMO, with AGG over the years has never been the Kobada asset, but with management. IMO, management has been the biggest reason this company has not taken off. IMO - management is no longer an issue with Bharti at the helm. I believe they are on the cusp of something that could be very large.
One last opinion, with respect to the buy opportunity that presented itself last week, I can't see this type of pricing coming up again anytime soon.
As always, do your own DD. Don't rely on anything posted in stockhouse when making your investment decision and lastly, if you do buy AGG, understand you are buying a higher risk commodity, so only buy what you can afford and not lose sleep over.
Good Luck to all.