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AGM 0.0¢

big potential

  1. chinkiat

    1,043 Posts.

    A lot of buying in this one last week up to 7.0c but a bit of a breather this week. Looking at things, this junior seems to be one with a huge amount of potential.

    * Proven viable resource, * Easily treated Ore, * No capital cost for treatment of ore, * High Nickel price, * Expected 5 year shortfall, * Plenty of high potential targets to drill when the cashflow comes in, * No Mabo style claims, * A supportive government.

    It seems after the last release that a final set of drill results will be out soon... the statement says currently being undertaken... and that $10 million will have things kicked off in this calender year.

    If the above points happen I would expect a huge breakout as opposed to the useful but small rises from around 3c to the current 6.6 c level.

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