AAG
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0.00% 28.0¢ aragon resources limited

wgr: price + volume up, re-rating start

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  1. JTANG
    355 Posts.
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    26/03/11
    10:33
    Post #: 8168869
    WGR: Price + Volume up, re-rating start

    WGR's merge with AAG is going well.
    After the merge, WGR will become a mid-tier cold company with 3Moz JORC resources. With a market cap of only 130m plus 20m cash in hand, a re-rating is around corner.

    AAG has 2Moz at 4.23g/t, open pitiable.
    WGR has 1Moz at 6g/t
    WGR also has 4Mt at 8.2% Pb+Zn

    The combined group will have numerous explorations upside.

    hhttp://imagesignal.comsec.com.au/asxdata/20110222/pdf/01153355.pdf
    ttp://imagesignal.comsec.com.au/asxdata/20110321/pdf/01163746.pdf
    AAG Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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