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The Case for Gold and AFG

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evilwebby - Tue, 28 Dec 04 :

Let's not get ahead of ourselves here. While 30p-£2 a share may not be out of the realms of possibility, it's not going to happen until AFG actually start digging this stuff out of the ground. Until then the company has no earnings, and companies without earnings are simply speculative.

Junior gold miners in explorative stages are two a penny at the moment, much like dotcom companies were a few years ago. So, can anyone present me with a schedule of when AFG expect to take the step up from drilling to becoming a producer?


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