AGM - Allegiance Mining

[chicken]

Intresting times ahead for this stock.....2007 into production....

 

[Sean K]

Looks to be on the rise, but needs to slice through $0.33. But on the way up. What went on in May? Couple of anns, one good, one bad? Don't really like the look of that. Should find good support at $0.33.

 

[CanOz]

My internet connecting is crap at the moment but heres what i got before i lost Etrade:

In April, just before the trading halt, there was a major agreement signed on a Nickel deal with the Chinese. They then applied and got a trading suspension, followed by a suspension extention. Then a share placement for a capital raising (50m) to fund expansion.

This partially explains the rise then fall, and gradual increase in SP as after the placement.

 

[chris1983]

I just wanted to say. The capital raising was at 31 cents a share and they dropped to something like 21 cents a share. So the fall definately wasn't because of the capital raising. I think the fall was strongly influenced by the slump in the resource sector. This is a good long term investment. They are in with the chinese and have a lot of nickel in the ground. Production costs will be good aswell. Good luck to those that hold.

 

[chicken]

Well....AGM should have its update of resources...and with mining comencing sooner than later will see a rerating of SP soonest.....I am in...and holding

 

[Freeballinginawetsuit]

Well....AGM should have its update of resources...and with mining comencing sooner than later will see a rerating of SP soonest.....I am in...and holding

These guys are looking pretty good for a run chicken, I'm watching them for a break.

 

[porkpie324]

just remember AGM are issueing more shares, ex date tommorow, so may be some weakness coming, porkpie

 

[porkpie324]

decided to sell my AGM, i still have confidence in the miner, the share price seems well supported, but have been caught out before during previous SPP's will buy back on any weakness during cap raising, if the share price holds or goes up during this period all the better, porkpie

 

[chicken]

agm

New Nickel discovery.....check it out

 

[porkpie324]

Have checked out this latest discovery,but could be some oppotune news during the cap raising.porkpie

 

[chicken]

Have checked out this latest discovery,but could be some oppotune news during the cap raising.porkpie

Load up the truck...AGM are going places...as far as the opotune time to buy this stock....a broker is trying to cap the price so he can buy all the shortfalls....I bought....looking fantastic

 

[Morgan]

Where are you seeing the capping Chicken? Looks like plenty of overhead resistance (judging by the number of individual sell orders). Unless of course these are all 'old' sell orders placed by people who have not yet seen the latest announcement.

 

[Sean K]

Load up the truck...AGM are going places...as far as the opotune time to buy this stock....a broker is trying to cap the price so he can buy all the shortfalls....I bought....looking fantastic

Why chicken?

 

[chicken]

Why chicken?

Kennas...make your own research..and get of your bum to read what is happening..I thought you are a share trader..READ...NEW NICKEL DISCOVERY SAXON MINE....but you should know all that...READ WHAT AGM SAID...

 

[chicken]

Where are you seeing the capping Chicken? Looks like plenty of overhead resistance (judging by the number of individual sell orders). Unless of course these are all 'old' sell orders placed by people who have not yet seen the latest announcement.

Capping is done by a broker who will buy all shortfalls...by capping the price...just shortselling shares....which might cost him...I can see a much higher price for AGM....news is all good..check it out....

 

[porkpie324]

as I said have read latest an, yes its good but not load up the truck good, don't get squaushed on the road "chicken". porkpie

 

[chicken]

as I said have read latest an, yes its good but not load up the truck good, don't get squaushed on the road "chicken". porkpie

The new Saxon Nickel find may be as large or larger then their other Nickel deposit.. doubling their mining resources....intresting I thought...this SP will not be at this price for long as news filters out...I am holding...not selling at present prices...porgy...do some more research...might help

 

[porkpie324]

chiken, AGM has been a favorite trader of mine since 2003, at the moment though AGM has excellent prospects but has yet to dig anything up,I have read lots on AGM so feel quite confident with my position at the mo.that is to watch and wait while this spp is on,as i mentioned on previous posts I will buy on any weakness, if the sp holds or goes up all the better for AGM. porkpie

 

[chicken]

The new Saxon Nickel find may be as large or larger then their other Nickel deposit.. doubling their mining resources....intresting I thought...this SP will not be at this price for long as news filters out...I am holding...not selling at present prices...porgy...do some more research...might help

A big buyer wants in..see the 320k at the end for 31cents.....might see a better action today.....as this big buyer wants in big...their production or mining may start nov2006 with a joint partner.....

 

[Sean K]

A big buyer wants in..see the 320k at the end for 31cents.....might see a better action today.....as this big buyer wants in big...their production or mining may start nov2006 with a joint partner.....

I would not be at all surprised if someone trying to flog this stock has placed that order there and will pull it at about 9.55...........