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African Gold Group, Inc. (AGG.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.13500.0000 (0.00%)
At close: 9:41AM EST
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  • M
    Macrocosmonaut
    African Gold Group is a potential 100-bagger stock...

    Global fiatmoney crisis continous.

    Gold and Silver stocks are cheap. The current value of AGG.V is extremly low with sight on the value of gold in the ground.

    Longterm investors have a minimum upside return on investment of 100-fold of the current marcet cap.

    In such a background the stock price is able to 100-fold within the next years.

    Do your own due dilligence.

    M.
  • M
    Macrocosmonaut
    A good stock for a cheap price.

    Technical patterns improoving.

    Nice.

    M.
  • G
    GIS
    lots of chatter here...thought last PR might spark some interest
  • J
    Justin
    TORONTO, Jan. 06, 2021 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on the ongoing Exploration Drilling Programme and the recent positive drill results at the Kobada Gold Project.

    Highlights:

    Significant new drill intersects of the infill drilling at the main shear zone of the Kobada Gold Project. Drilling highlights include:

    3.5 g/t Au over 14.0 m from 113.0 to 127.0 m (Drill hole KB20_PH4A_20)

    Including 38.20 g/t Au over 1.0 m and 3.09 g/t Au over 1.0 m

    1.24 g/t Au over 11.0 m from 104.0 to 131.0 m (Drill hole KB20_PH4A_4)

    Including 8.92 g/t Au over 1.0 m

    5.14 g/t Au over 1.65 m from 146.5 to 148.15 m (Drill hole KB20_PH4A_23)

    The drill program has extended the depth of the oxide-sulphide boundary from an anticipated 110 m to a more realistic 180 m at the northern extensions of the main shear zone, representing ~60% increase.
  • H
    Henrik
    possibly this article in

    "African Gold Group on the hunt for $60 million to build Kobada"

    contributed to the crash

    https://www.africaintelligence.com › exploration--production › 2019/12/10
    Africa Intelligence, the leading professional Web site specialising in political and economic developments in Africa: revelations concerning government, business circles and influential figures.
    Africa Intelligence, the leading professional Web site specialising in political and economic developments in Africa: revelations concerning government, business circles and influential figures.
    www.africaintelligence.com
  • S
    Sam
    Nice financing, clear downtrend in the issuing price on the past financings despite the improving outlook for gold. Suggests that this company has nothing of value.
  • S
    Snatch
    The DFS looks very positive, experience management team with a former Glencore executive as CEO, good potential of return on investment.

    I like mostly the fact that Forbes & Manhattan wants to change the name from African Gold Group to Avion2 Gold.

    Avion Gold was a project with the same characteristics than AGG, undertaken by Forbes & Manhattan, and sold for CAD 400 millions. This project was a huge deal for all shareholders.

    All of this means that Forbes & Manhattan is working for a similar Avion deal.
  • H
    Henrik
    Detailed price information for Kinross Gold Corp (KGC-N) from The Globe and Mail including charting and trades.
    Detailed price information for Kinross Gold Corp (KGC-N) from The Globe and Mail including charting and trades.
    www.theglobeandmail.com
  • c
    cekorv
    Check out youtube video maed for AGG. Very interesting .. I believe that Stan B. has put his name on the line when he became the CEO and Chair of AGG and thus will be determined to see this one thru to the end. Also, he did not have to invest in this company at the beginning if he didn't think it was feasible. He has done Avion Resourses 10 years ago and AGG is very similiar in nature and also in Mali. I called Stan at 4Pm two days ago but he was out so I was able to talk to an associate with AGG who reassured me that the 4 drills were busy that Phase 2 is 50% done and they were waiting for results from the Assay labs. Also said that they were busy getting the funding in place. Seem confident that it would get done. Also, in the video you will hear Stan say that of all the mining projects that they have been involved in all are now still producing. None have failed which is a excellent track record for a junior player. Check out the video on youtube called ...African Gold Group Targeting Production in Southern Mali
    cheers
  • S
    Sam
    I looked at the NI43-101 for Kobada. If all the data in it is correct, my assumption is that construction might get financed at around C$1.00 a share in the next 3-6 months. 60/40 debt/equity is what I recall reading somewhere but also it is over 2 years, so they dont need to raise all the money at once. Seems doable.
  • M
    Merlin
    With many gold mining companies with decreased production and little investment in new production expect a big evaluation increase to acquire this property.
  • D
    Dr. Luu
    Just gambled with this company. Don’t know where it will go but I got 1k invested
  • S
    Snatch
    It's a stock to buy for the long run. Never doubt that the gold reserves are huge.

    Actually, the goal is to study the land and built some infrastructures.

    With a owner like Forbes and Manathan, no risk of liquidity.
  • S
    Sam
    Price rally on no news today, probably means the maiden resources is 1-2 days away and insiders are buying before hand to sell into the rally that most likely will come out of it.
  • c
    cekorv
    These drill results look better than their phase 1. I believe construction will happen .. Stan will want to be producing when the market is high.
  • M
    Macrocosmonaut
    African Gold Group - outperformer - LT PT 48 $

    This stock is a longterm investment value play ini the Gold markect and able to inrease its current value by more than 40000% within the next 10-20 years.

    Do your own due dilligence.

    M.
  • S
    Snatch
    This company has very large gold reserves, according to their feasibility study dating from 2016, moreover thanks to the type of land and the price of labor, the operating costs will be very low.

    Currently, their work is focused on building infrastructure, and the next step is the beginning of production.

    Do not forget that this company belongs to Forbes & Manhattan, which is an investment bank specializing in precious metals, their strategy is to acquire companies with high potential, with important resources, and with a significant return on investment.

    After doing all the development work, they sell for a big profit.

    F & M has always done very good operations.

    This is probably what they will do with African Gold Group, develop and sell, which will bring shareholders several dollars per share.
  • H
    Henrik
    Read the latest news? Ecpect it to soar over the coming 3 4 days
  • c
    cekorv
    Contacted African Gold Group and here is the response.

    Phase 1 of the drilling campaign is finished and we are finalizing our results. Phase 2 is 50% complete and we are waiting for the results from assay labs. We are planning to press release the results soon. Best Regards, AGG team.
  • M
    Marc
    just saying im in at 0.12 and holding this one for a while...