RE:RE:RE:No bashers on the call... must be hiding inFoundryman,
Your comments on Bharti are legit. His rep on the street for gorging at the trough is well known. He's had more bad deals then good ones. If you're as knowledgable on the junior markets as you state you'll know most of these guys like Bharti do and there has been many others like Bharti out there. You clearly have an axe to grind with him and that's fair except why are you bringing it to this BB if you're not an AGG shareholder?
Where you also confuse me is when you make statements on Bharti's other deals like all gains on profitable transactions went into directors or managers pockets. If in fact that is the case then potentially that is a crime. Shareholders wouldn't gain from those types of transactions regardless unless there is a a gain in the share price of the company in question and as a result of the said gain you divest your position.
With all that said Bharti has had some big wins as well. I don't think you will hear Consolidated Thompson or Avion shareholders complaining too much.
The fact of the matter is regarding AGG, it would be dead in the water if Bharti and his cronies hadn't stepped in. While the previous management group made mistakes I don't believe they were bad managers as Trekie has asserted. They got Kobada through to a FS in extraordinarily difficult market conditions which frankly still exist today. They simply ran out of options and couldn't raise any more money.
Bharti knows West Africa and he likes Kobada. I've been in since the beginning and I like Kobada too. I'm on the record as stating it will have a resource well north of 5MM oz eventually. I like the team Bharti has recently assembled as well. If Kobada is as good as I think it is and Bharti thinks it is he's going to have a good asset to work. That's a huge part of the equation to enhancing shareholder value. At the end of the day the asset is what always will tell the tale assuming it's in a country where it can be exploited. Yes Mali has stability issues but the French are there to backstop things and the US is close by as well. Mali is mining friendly.
Let's see if Bharti can raise that $5MM. That's a big test. If he succeeds it's game on again and that's a lot better position then where us long time shareholders were in back in 2015.
And yes, todays call was PR excercise. I hope there is a lot more of that. Idiots like Treetroll are too stupid to understand that promotion/PR area a big part of the game in the junior mining space. In Treetroll's alternate universe AGG should have died 6 or 7 years ago. Treetroll and Emperor Trump are kind of like 2 peas in a pod. They open their mouthes but nothing intelligent ever comes out.