I sold out of AGS this week for these reasons: I don't think Heathgate is willing to commit to spending the funds necessary to mine 4 mile in todays financial climate. AGS is at the mercy of Heathgate. 4 mile is like money in the bank to draw on when needed. If the US goes into recession all the booming economies will slow and thus their energy requirements. IMO this project will bubble along slowly for the next 12-18 mon. and if the econimic situation settles down there will be a move to start mining.
AGS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held