Hi Savtin, I think Ghosta has pointed out somewhere (could be on another forum) that rise of the SP in the immediate future will depend on the size of the Saxon find, as they will extend the mining/prodcution life of AGM even further. Based on their initial reports in Nov (i think) Saxon does look like an extension of the current deposit. We are all quietly hoping for a positive announcement in Jan.
We need to bear in mind is that AGM has issued a huge number of shares compare to MCR and already AGM's market cap isn't far off MCR at the moment. MCR is well into making a truck load of money. It could all come down to how much publicity AGM will get as it gets closer to production. The SP probably won't be like that MCR but it sure won't be too far off. I would dearly love to see AGM be another JBM in a few years. Wouldn't that be something!
We need to bear in mind is that AGM has issued a huge number of shares compare to MCR and already AGM's market cap isn't far off MCR at the moment. MCR is well into making a truck load of money. It could all come down to how much publicity AGM will get as it gets closer to production. The SP probably won't be like that MCR but it sure won't be too far off. I would dearly love to see AGM be another JBM in a few years. Wouldn't that be something!