AAG is about to pay A$4.80/oz (JORC compliant!, if you include the enviro bonds and stamp duties) in a gold market in a proven gold field in Australia......the lacking ingredient is liquidity......the latter should hopefully come with an increase in price and the additional shares to be issued.....I guess that is where the confidence comes from, plus the fact that it is an extremely tightly held stock and noone sells, if you check past trading volumes today is probably a highlight in terms of volume...
AAG Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held