The 43-101 resource in Mali is going to tend to put a floor under the share price. But Ghana has as much or more potential in the 3 major Gold projects there. I did visit them and in one project illegal artisan miners were removing at least 20 ounces a day, perhaps two or three times that much. The gold is there and it would be cheap to mine.

There is no current 43-101 resource for Ghana but there are minor historical resources and at some point AGG will need to make a major commitment to Ghana as they have in Mali. They announced plans for an airborne mag and radiometrics survey to be conducted on two of their projects in Ghana but have not announced status on the surveys as yet.

As I said in my first article about Ghana, I have never been to a country that had so many 5 million ounce deposits waiting to be discovered. AGG has world-class potential projects in two mining friendly countries with cheap labor rates. Technical support is excellent and management seems to have a good handle on finances. I liked the company enough to buy shares when I got back from Africa.

The company has started to advertise and that's a good thing for them so people will get to know the name. AGG is a very cheap option on gold. We are shareholders and we are biased. Please take some responsibility for your own actions.

Courtesy: www.321gold.com

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