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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: TheBusDriver who wrote (3241)	12/16/2005 3:55:03 PM
From: TrueScouse	Read Replies (2) of 78416

Wayne: I see AGC as having similar potential to Kimber of 2 or 3 years ago. Although not 43-101 compliant yet, over 600,000 oz of the 726,000 oz resource were assessed by MR as Measured and Indicated. As CC notes, the gold is there! I think once they start drilling there's a good chance they'll prove up 1 million oz, and there's lots of further exploration potential at Mara Rosa. IMO it's cheap because it had the dot h attached for a long time, as well as lack of knowledge of the history of mining and excellent infrastructure in that part of Brazil. From the AGC website... <<A 2.6 kilometer anomalous zone of gold defined by soil sampling and geophysics occurs along strike from Posse. A number of drill ready targets are reported from this zone. There is a strong possibility of increasing the resource at Posse by the discovery of one or more steep shoots of mineralisation along this north east trend or extension.>> With market cap of only about $8 million (US), you get the gold for about $10 an ounce. Cheap. If I had any cash I'd be buying more! Best regards, Howy

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