Kennas..you dont get it...the order for the 320k..went through last night..DO take care ,read it fully, then jump of your tangent..as I said before, if you want to make your living in trading...READ IT ALL ,CAREFULLY...not what you want it to be....be MORE diligent , you might succed...AGM...is a VERY cheap share for if the Saxon find is as hugh as their other up and coming mine.....I bought as I can see a great upside here...NICKEL is in short supply....I understand by up to 51000 tons....thats a hugh shortage...kennas said:
AGM - Allegiance Mining
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I agree with you chicken.
This stock was already looking pretty good to me, and that was before they announced they might be able to start producing in November via a JV with another mill, and also before they announced the Saxon discovery yesterday.
Already had some but added a few more yesterday.
They're already well on their way to full mining and processing using their own mill, have the off-take agreements in place etc. and now it looks like they'll have the resource to keep it going for quite a few more years as well.
And they might be also able to start generating revenue by the JV with the other mill as early as this year while waiting for their own milling ops to get going.
This stock was already looking pretty good to me, and that was before they announced they might be able to start producing in November via a JV with another mill, and also before they announced the Saxon discovery yesterday.
Already had some but added a few more yesterday.
They're already well on their way to full mining and processing using their own mill, have the off-take agreements in place etc. and now it looks like they'll have the resource to keep it going for quite a few more years as well.
And they might be also able to start generating revenue by the JV with the other mill as early as this year while waiting for their own milling ops to get going.
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though from the technical rather than fundamental perspective it looks like it could test the 27/28c area before pushing upwards again - so I guess if you were patient you'd wait to see if it could be picked up at these levels. (I'm not much of a technician though and happy to have a few).
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With trading everyone has their own way of reading reports and the action of the share price, whether its fundamental or technichal analysis and acting upon their conclusions and trading rules. As I have noted at the moment i"m out of AGM, its one of my rules that whilst a prospective miner is raising funds I sell before the ex date. I have traded mining stocks for years and i'm still trading, I want to keep it that way.porkpie
ITS simple....you dont have to buy any new shares..and the broker who is underwrites the share offer..will buy more....and if the Saxon find will doubble their resources...AGM at 31.5cents IS CHEAP..if you buy or sell...that is your business....I traded for the last 30 years...and we have or see different situations..I am happy to hold and once they start producing in November...you will be looking at a much higher SP....that is for sureporkpie324 said:
I would suggest this is the cheapest up and coming NICKEL miner....see Kitco. there is a crisis...LME shows their stock is now non exsiting...THEY HAVE NO STOCK TO SELL..happended all in the last 2 days...graph shows stock sold out..also AGM has a $1.5billion sales contract in place..all production sold...now they start mining in Nov.2006.....now who thinks the stock will be worth 31cents by the beginning of NOV...I dont...more like 45cents to 60cents is my asumpton...make your research as Chicken has a small brain....
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Inspite of all the crowing about AGM, their shares have failed to keep pace with the "real" nickel miners of the last few days ie MCR, JBM, IGO, MRE, thats where my money is at present. If AGM is real value at the moment they would have followed this trend. porkpie
Nickel prices have risen again...AGM will start in Nov2006 production and with a new Nickel find only 800meters from their present mine....now there is talk of opening this mine up at the Saxon find as well...I understand there is a shortage of NICKEL 2006/2007...and AGM has a supply contract in place...they have $46million in the bank...so make your research as I can see a great upside here.....I hold 200k shares..so I have put my money where my mouth is....I have made my research....
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well it's gratifying to know chicken that your put your money where your mouth is or should I say beak. Just remember that the information you have so does everyone else, unless of coarse your privvy to insider info. At this time agm sp are lagging behind other miners. But I hope that your correct with your analysis and all being well I to will get my snout in the trough again. porkpie
It looks as 30cents is forming a strong base...bought some more at 30cents....as I can see a great upside for they are starting to produce in Nov.2006....chicken said:Nickel prices have risen again...AGM will start in Nov2006 production and with a new Nickel find only 800meters from their present mine....now there is talk of opening this mine up at the Saxon find as well...I understand there is a shortage of NICKEL 2006/2007...and AGM has a supply contract in place...they have $46million in the bank...so make your research as I can see a great upside here.....I hold 200k shares..so I have put my money where my mouth is....I have made my research....
Closed at 32cents....if it holds..we can see next stop at 34cents...and then its on its way north.....chicken said:It looks as 30cents is forming a strong base...bought some more at 30cents....as I can see a great upside for they are starting to produce in Nov.2006....
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nice late rise with a AGM today, I think "chicken" has been buying
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just between U&I chicken i put an order in today at .30c.porkpie
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Hey Chicken,
I've been considering this one for a while.
From what I can tell, November is going to be pretty big for AGM. What are your thoughts on what we can expect?
Cheers.
I've been considering this one for a while.
From what I can tell, November is going to be pretty big for AGM. What are your thoughts on what we can expect?
Cheers.
It certainly will start then..why....see their presentation out today which was presented in Sidney..today ,at the mining conference...as they said they have got a mine with a lot of highgrade Nickel..in the same % as the Cosmos of Jubilee....it will take off today was just a small taste to come..SP should be higher...make your research and you will see for yourself..bought more today at 32.5cents...but closed at 33cents...feeding_the_fire said:
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