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Experts Commenting on This Company
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African Gold Group Inc.TICKER: AGG:TSX.V
African Gold Group Inc. is a Canadian-based, West African-focused gold exploration and development company. The company controls 12 concessions that are consolidated in 5 distinct standalone exploration projects along significant gold trends, the most advanced of which is its Kobada gold project. Located in Mali, Kobada has an NI 43-101-compliant resource of 740,000 oz. gold at 0.3 g/t Au, emanating from 10% of strike potential. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Thom Calandra, Torrey Hills Capital (6/27/11) "Recent purchases include more African Gold Group. CEO Michael Nikiforuk says this is the 'silly season' for metals equities and can point to no specific reason why shares of the West Africa prospector have gotten crushed. I am an AGG believer. There are more fresh 5 Moz. gold deposits in Mali than in any other Africa nation. I believe all of my portfolio is available for Ticker Trax subscribers under the portfolio function. My Stockhouse username is TCALANDRA." Ticker Trax
Thom Calandra, Torrey Hills Capital
(6/1/11)
"Finally, of companies that I have covered and visited and whose shares I own, this one—African Gold Group—just reported stepouts in the southern zone of its Mali project (see release) and a robust intercept map. I was just at Kobada a week ago. . .this latest stepout within the oxide material of the rock extends the known gold zone at Kobada by about 200m. I am biased here, as I own the stock and have been to Kobada twice.
The thing about AGG's intent in its stepping out at 740 Koz. Kobada is how focused the team there is on one goal. Pierre Lalande and Kevin Downing, the two lead geologists there, have drilled one thing into my noggin. 'This is all about showing that we have a resource here of at least 2 million ounces of gold,' Dr. Downing, trained in England, told me last week in a tour. Kevin Downing and Pierre Lalande's trenching, drilling, auguring and geophysical workout on the vast property, including Leachwell bottle rolls and termite mounding, are intensive. . .the work at Kobada is advanced, as they say in the prospecting business." Ticker Trax
The Gold Report Interview with James West (4/1/11) "[Another of my top 15 holdings is] African Gold Group. The company's recent step-out drill results 4.3 km. north of the relatively well-defined Zone 1 area comprises 10% of the 12 km. gold anomaly at its 200-km.2 Kobada gold project in Mali. Essentially, this new zone is distinct from Zone 1 at this point and demonstrates grade continuity over long intercepts from surface." More >
Ticker Trax
(2/24/11)
"African Gold Group: Revelations may startle investors. . .West Africa's porphyry of gold is turning into the fold, figuratively and literally. A Mali/Ghana team of two doctors of structural geology with specialties in mapping and syngenetic-oriented geology, respectively, along with a seasoned Canadian prospector, appear poised to make gold-deposit history in the coming year.
If I'm correct, AGG will strike in spades the gold [it] has been pursuing in one way or another since 2002. The headline grades, strike lengths and precisely plotted drill holes, some RC, others diamond and even others augur-rigged to punch economically through Mali duricrust, could come from Kobada or Foroko North in Mali, Asankrangwa in Ghana—or even Mankranho, the northern extension of Newmont's massive Ahafo Project in Ghana." - Ticker Trax
David Pescod, Canaccord Genuity (2/23/11) "Not too many stocks are doing well, even in the gold sector, which is not too far away from old highs. One stock that is hitting new highs, though, is African Gold Group. . .The company is trenching south of the main zone and hopes to move drills to this area before the rainy season (August–September in Mali). All in, African Gold plans 25,000m of drilling. The Mali work is probably 1 Moz. now, and these stepouts could increase the size of the deposit dramatically."
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AGG's Effort to Aid Wheelchair Donations (1/13/12)
(7/12/10) AGG Geological Flyover |