The story so far AGU is in the Blue Circle neighbourhood with neighbours like Horse Shoe, Rio Tinto. Every aspiring junior iron ore explorer has high grade haematite on their wish list.
Today AGU reports possible grades of up to 60% haematite. Maiden Jorc announced within the next 2 weeks my sources suggest initially it is north of 500 Million Tonnes. Current Mkt cap of 20 Million. What do you think guys think is this worth a punt? Well,I think it's a better bet than CAP Mkt Cap 100 M plus. If my sources are correct the stock could trade in the 50 Cent range.
Good Luck and read the report.
AGU Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held