AGD austral gold limited

Should Silver Breakout, page-4

  1. 952 Posts.
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    Hi Vitamin D ,

    Looks like they have woken up .Maybe they read my post on PINGUINO

    Vey tightly held and the SP has not progressed . One man owns 90%plus makes a lift in the SP difficult.
    There needs to be a loosening of the share ownership if it is ever going to reach its potential.
    Last quarter AISC were over $1400 per oz selling the gold at a loss . They had problems with production throughout the quarter which did not help. They have Great Projects and when they get things back on track they will be producing over 100000 oz GEO but the jewel in the crown will be PINGUINO. They were reviewing Pinguino during the first qtr but NO announcement yet will be interesting what the team make of the Project.
    Good to see the projected reduction is AISC but like a lot of Juniors they still have to get the gold and Silver out and make a profit.

    The March Presentation on the website looks good but you have to make a profit.
    GL

    moureeses
 
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