Australian (ASX) Stock Market Forum

AGM - Allegiance Mining

Nice article G!! ARe you sitting or standing??
Hey - but I hope the mine is the right way up!!!!!!!!! :p:
 
CommSec offered 40% LVR on margin lending for AGM. However, it has now disappeared. Anyone care to give some insight to this? Is there a special requirement for a stock to be listed under CommSec's margin lending?
 
An announcement of a nickel intersection at the Bison prospect gives hope for additions to the reserves necessary to add value to the SP
 
Looks like Chicken done it again...starting to move back up...MORE NICKEL found in the BISON..TASmania....good grades see what the company said....Ghosta told you the story...I am holding plenty....watch as they are nearing production.... :2twocents
 
Chicken, your back. I see your first post since suspension has been edited for ramping.
Was good news today. Did you see Ian Levys comments in the press release-

Ian Levy, CEO commented that "its exciting to note that our exploration hit rate is increasing” and
added “its amazing how prolific this nickel province is turning out to be”.

Good times ahead!
 
Chicken, Ive found a forum just made for you. Its called Sharesguru.com.
You can ramp up any stock you like there as much as you like. But be careful. Dont accuse anyone of ramping up a stock, If you do they throw you off forever.
Dont be fooled by the silly girl that posts on the AGM page, I will say one thing she a better ramper that even you Chicken. But she has trouble understanding research and gets a bit mixed up and makes up figures and fools everyone there. So be careful.
This is a better forum in that there are some sensible people posting here, but for a good laugh and some ramping, I suggest you post there Chicken.
 
Fridays volume was below 1 million shares traded and a 0.01 increase in SP. This is something Ive been waiting patiently to see for the last fortnight.

In the last 6 months this has been a good sign; it means the profit takers and "squealers" have had their fill, and the balance has changed to more buyers than sellers.
If the same trend is evident on Monday then the share will go off this week. The Chartists are saying 80c+!!!

I cannot see any reason why this same pattern we have been observing for the last 6 months will be broken, especially in the light of recent good announcements which the SP has not yet taken into account.

The last announcement about Bison is especially significant; while it may not yet quite prove the Avebury Nickel Province theory (I believe a new mine will need to be announced before its proven), but its so damn close that the risk of it NOT eventuating has just about dissapeared.

In my opinion its even better than the Saxon discovery; we now have three options for another mining center (including Melba), and I dont think theres much doubt there will be more.

Nickel prices hitting record highs has effectively told the profits of doom ( nickel is about to collapse???) to take it up the ass quite effectively, and this wont hurt the sp either.

AGM is truly a superstock in the making- and we are here on the ground floor!

Doesn't get much better than this!..............
 
Ghosta,

Spot on mate, my observations as well......but you do crack me up SQUEALERS indeed.....................those squealers, squealers, squealers alright hee hee haa haa .......... i mean who the hell is selling this in the low 60's are they for REAL........................bloody crazy.

let them keep selling the good stuff to me.............over the past week i have managed to add 70,000 to my already existing portfolio..................some might call me crazy but I just feel that AGM is the real deal.................................GO AGM .....the nickel province
 
hi AGM holders,

Just finished reading the presentation material to be presented to all the money people overseas over the next three weeks (sounds great the presentation) and considering the fact that AGM may possibly make the ASX300 list next week............yet when I saw the ticker this morning it was down...........................did i miss something or what.....................why isn't this being snapped up like there is no tomorrow????

CRAZY
 
savtin said:
hi AGM holders,

Just finished reading the presentation material to be presented to all the money people overseas over the next three weeks (sounds great the presentation) and considering the fact that AGM may possibly make the ASX300 list next week............yet when I saw the ticker this morning it was down...........................did i miss something or what.....................why isn't this being snapped up like there is no tomorrow????

CRAZY
At present because of low volume Robotic trading is taking place...I have bought more at 67cents today....and you are right about the ASX300....that it will be added to...also agree SP has to move north...but we need more volume for this to happen....brokers with their Robotic trading in charge at present...but it will change very soon.... :2twocents
 
Profit taking must be finished, that means we are left with squealers and morons selling.
Usually low volumes are a precursor to a rise in SP. So much has happened recently that the fundamentals are looking perfect.

You would have to be an absolute moron to sell AGM shares now. But selling IS going on!
 
Hi all

i have liquidated my holdings in AGM today.

regards

Halba

Reason: More delays,delays,delays. Production is low in 1st yr.
 
Halba,

When AGM said they would start production in 3rd Quarter, it was always around the Aug/Sept period............in the construction/mining industry it is not uncommon especially with todays resource and labour constraints to find that the completion dates are off by about 2-4 months (sometimes longer)...and it has nothing necessarily to do with the specific company........it is quite normal.................i was always going to be amazed if AGM started in SEPT 07.....so what if they start a month or two later...................believe me they are working helter skelter to bring this baby on line.......................and bring in the cash flow..........................


just make sure you are ready to pounce on this when things heat up.............wouldn't want you to miss out if the SP goes towards and over one buck....................
 
Halba said:
Hi all

i have liquidated my holdings in AGM today.

regards

Halba

Reason: More delays,delays,delays. Production is low in 1st yr.

Delays- I havent seen ANY yet. In fact they are running in front of schedule!

Production low in 1st year? Yes the aim is low to allow for startup problems; no other reason. If they have a good run could achieve targets for Yrs2+.

Im amazed at the poor judgement of some people. But its the same old story, if you dont research thoroughly you will only have half the story.
 
Halba said:
Hi all

i have liquidated my holdings in AGM today.

regards

Halba

Reason: More delays,delays,delays. Production is low in 1st yr.

Yikes... did you know what AGM's forecast has been since Dec 05 when you first bought? Because nothing has changed since then! Except PON has gone through the roof. First year was always going to be 5,700t....although if you go through previous ann there is a hint that this could be marginally higher. They are already mining the stuff and have experienced better recovery than first thought.

AGM is my safe haven.

BMN is my punt.

I don't hold anything else :eek:
 
Hi its risk reward. AGM is gone. I am not attached to these companies just a means of profit. I have held for a long time but i had a very valid reason to sell and that was delay. I am on a lot of other stocks and theres better value elsewhere.
 
Oh well some people just are not destined to make real $. But because they dont do any real research they dont deserve too.
Every now and then they buy a share like AGM and it offsets their losses. And once they are at break even they believe its had its run!
I shake my head... after all the good recent news someone invents "delays"....
 
Halba said:
Hi its risk reward. AGM is gone. I am not attached to these companies just a means of profit. I have held for a long time but i had a very valid reason to sell and that was delay. I am on a lot of other stocks and theres better value elsewhere.
Give us some tips on the better value please. I thought AGM is one of my better value stocks with good increase in value in a short time, and with little risk for good future gains. I'm happy to change though if you can suggest something better.
 
Posted by Halba Sept 2nd 2006 on Forum: Nickel

sally mallay sucks whoever recommends this stock ought to go back to school!

its got operational and hedging problems,re read their quarterlies


These sorts of statements hardly make Halbas point of view credible.


just a thought

cheers
 
GOYCO said:
Posted by Halba Sept 2nd 2006 on Forum: Nickel

sally mallay sucks whoever recommends this stock ought to go back to school!

its got operational and hedging problems,re read their quarterlies


These sorts of statements hardly make Halbas point of view credible.


just a thought

cheers
Maybe he is buying more shares in AGM....trying to buy it lower.....downramping it....I am not ramping...but buying more today as when AGM into the ASX 300....we will see a rerating of this stock...and AGM roadshow to the USA will also create more pressure on this stock as buyers appeare...so I am buying...and I can see a better SP jet when production starts.....I am a longterm holder...and the person who sold has not looked at the longterm picture... :2twocents
 
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