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Advanced Resources Group Ltd. (AVRG) Rated Speculative Buy, Target Price $1.04 by Beacon Equity Research.

In the report, the analyst writes, “Advanced Resources Group Ltd. is engaged in acquiring, managing, producing and marketing precious metals and gold. The Company is a multifaceted entity with several state-of-the-art technologies at its disposal. The Company intends to mine precious metals including gold in an environmental friendly manner so as to protect the nature. According to Mr. Dunning, the CEO of Advanced Resources the prime objective of the Company is to intelligently utilize the resources available while improving environmental conditions and making the earth a healthier ecosystem. ”

The Company has developed a state-of-the-art technology for the exploration of gold and other precious metals in an environment friendly manner. The new technology helps in extracting metals in a more efficient manner, which should enable the Company to have a lower cost base and thereby command better operating margins and therefore will be less susceptible to fluctuating metal prices.

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