Very little interest in AQG in Australia. To me it is an outstanding gold stock although there are a couple of risks to watch out for
- project execution : AQG can afford to pay for the best people and have gathered a high calibre team. The senior project manager is ex Lihir so he knows a thing or two about projects going wrong.
-political risk : the Turks could nationalise gold mines . Unlikely...but you never know. Also war is close by.
In any event I think these risks are minimal and cash reserves are outstanding.
I just don't understand why the company has such a low profile in Australia.
Recent Dip, page-12
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