Tuesday, June 10, 2008
Alfred Wirth comments on African Gold Group, Inc.
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Dear Shareholders and Investors:
Alfred Wirth, President of Wirth Associates, highlighted African Gold Group, Inc. (TSX-V: "AGG") in a recent interview with Streetwise Reports. In the interview, Mr. Wirth explains why he thinks the gold bull market could easily run for another ten years and looks at those nasty corrections as just another opportunity to snag some real bargains.
As the chief investment officer for Sun Life, United Funds, and Crown Life, Alfred Wirth developed an enviable track record managing investments for multi-billion dollar corporations. As president of Wirth Associates Inc., which he founded, he now manages private portfolios for high-net-worth individuals.
To see the entire interview click here: http://www.theaureport.com/pub/na/1405
Regards,
Michael Nikiforuk
President
Mr. Wirth's Comments:
AW: Another smaller, less diversified but very interesting play is African Gold Group, Inc. (AGG.V). They're in two African nations, Mali and Ghana both of which have raised some political concerns in the past. But I've recently met some of their government resource people, and believe that they want the employment and foreign exchange that new commercial mines bring. Historically these properties have been operated by locals with pick-and-shovel. It's an interesting speculation, which if things go very well, will trade at $5.00 in three to five years-up from under $1.00 now. If things go badly, you could lose 1/2 or ¾ of your investment. But you don't need to buy a lot when the potential returns could be a quintuple. You don't need a big exposure to get a meaningful return.
To see the entire interview click here: http://www.theaureport.com/pub/na/1405
Sincerely,
AGORACOM