News: AGR Aguia Resources Says Fast-Track Development Of Santa Barbara Gold Mine, page-7

most of the last raise has been spent on the takeover administration of Andean

I honestly believe the think they can get cash flow from the current artisinal mining project
they have stated clearly the strategy is to suck it and see

its cowboy stuff but may well work

certainly any plan to drill and make discovery and understand the geology of the prospect will take millions that they do not have
so
they will (as they have done) mine 5 or 10 handpicked tons a day and extrapolate that (as they are doing) to something that creates a speculative share price to further raise


its flying by the seat of your pants stuff
nothing wrong with that until you crash...........or dont

fun to watch and good luck to them
stuff dreams are made of