I can only suggest that after looking at ASX gold drilling announcements in Calendar Year 2017 of other companies and comparing them to AGS. I am a happy AGS holder.
Bird In Hand, Gold prospect in South Australia has 500,000 odd thousand oz gold at 13 grams per tonne. Yes, that is correct 13 grams per tonne. This prospect is considered one of if not the highest grade undeveloped gold prospect in Australia.
Our top seven holes reported in 2017. Are not far behind regarding the quality of the top 7 holes from Bird In Hand. Around 15% worst (in overall combined gold per hole) in Alliance case vs Bird In Hand. And we don't have a JORC yet.
And we have just started. I wish management would change the name to "Alliance Gold" and spend money on the area which is a lack of a better term "polluted in gold".
However in saying that they, in my opinion, are doing a great job.
Do Your Own Research.
AGS Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held