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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 Dec 10, 2019 4:57pm
52 Views
Post# 30441429

RE:RE:Let me explain their method

RE:RE:Let me explain their methodSounds like the village idiot Treetroll is pontificating again. I strongly doubt he's ever looked at a drill map for Kobada or the original 2016 FS. Nor has he ever owned a share of AGG.  

Regardless, just for some background the original PEA AGG released, if memory serves me correctly, goes back to around the 2011 or 2012 time frame and the original full resource including inferred ozs was over 3MM oz. When they completed the 2016 FS they cut the resource back to approx 2MM to be more conservative. I'm nearly 100% certain the objective of phase 2 drilling will be to once again establish at least an inferred resource in the north zone and move the the total resource back closer to 3 MM oz where it was in the old PEA and throw in some additional step out drilling for further blue sky. Based on the data base they've inherited they should know exactly where to drill.

Pierre Lalonde, the old VP Exploration, was on the record (as am I) as stating Kobada would be at least a 5MM oz deposit with big upside from there. Lalonde had a very good reputation in West Africa. I personally would trust his comments a lot more then idiot trash talkers like TreeTroll.        
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