AGV 4.55% 21.0¢ australian gold investments limited

50 million tons of bauxite deposit and only13c

  1. 8,168 Posts.
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    As previously announced earlier in the week,AGV has acquired 80% of 3 bauxite projects,5 licences in northern queensland,having spend few hours researching all these projects,if someone goes on the website who owns the present projects,that being a company called VOLCAN[www.volcan.com.au],AGV is going to be one hell of a stock....why?????,if you read the report from volkan dated the 15/06,says that the resource was drilled in 1961 by CAP,and the 409 square klm south johnstone bauxite project has already through previous drilling,reported tonnage of over 50million tons with a potential resource estimate well in excess of five times of that amount.The report goes on and if this does not get you excited,I do not know what will,AGV is sitting on a fortune,and both companies are run by the same management and geologists which is even better......wonder why the heavy buying all week ESPECIALLY IN THE LAST HOUR OR SO OF TRADING ON FRIDAY.Personally this company cold be worth over 50m in the near term and at 10million,lot of upside is on the way.....will see next week.
 
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Currently unlisted public company.

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