AAG
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0.00% 28.0¢ aragon resources limited

resource upgrade

  1. jtaylor1
    3,890 Posts.
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    01/10/10
    09:49
    Post #: 7267383
    Like clockwork, the company options expire just out of the money and a resource upgrade is delivered.

    Total ounces now 1.7million but the best thing is it is only for Big Bell and North Fender. Plent more prospects to get to my 375k oz upgrade for this year.

    There is a lot of air core drilling going on at Cuddingwarra. Some good results there could blow this wide open pretty soon.

    By my calcs EV/OZ on these numbers is $23. Plenty of upside from here.
    AAG Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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