No comparison between what has happened with UMC and AGO. All the hype was for UMC to release resources but it disappointed with only assay results.
AGO just released a new resource in a new project that highlights the string potential for 20MT of iron ore at the project. AGO now has +850MT of magnetite resources and ~20MT of DSO resources with more to come.
I have no doubt that we will see AGO deliver DSO resources totalling +50MT in the short-term.
AGO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held