AGC 2.04% 25.0¢ australian gold and copper ltd

Ann: Achilles Delivers Outstanding Gold and Silver Results, page-201

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  1. 1,128 Posts.
    lightbulb Created with Sketch. 1475
    I dont know much about gold exploration, but i was following SXG in the past

    SXG is a junior gold explorer that is now valued ~$550M MC, while most view their intercepts as 'nuggety'



    Comparing to AGC at ~$75M MC, if AGC continue to hit mineralization with step out drilling, and with decent grades, i do see genuine upside potential here. Looking at the SXG 1yr chart it was a gradual rise over time as they continued to drill and prove up the system

    Although another factor is when they initially made their "discovery", gold wasn't in flavour - obviously that has now changed with the price of gold having increased quite a bit
 
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