In this article I'll discuss African Gold Group (OTC:AGGFF), an advanced stage gold exploration company with a very interesting asset in Mali, Africa. Keep in mind African Gold Group is very thinly traded on the pink sheets, and I'd like to refer you to the company's main listing on the TSX Venture Exchange where it's trading with 'AGG' as ticker symbol.
I'll first give a short summary of the project, move over to the updated resource estimate and the earlier completed Preliminary Economical Assessment. Thereafter I'll have a look at the balance sheet and the risks about doing business in Mali. This will result in my investment thesis at the end.
AGG's Kobada project in Mali looks...
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