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AGS - Alliance Resources

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Looks like this stock has not finished to rise after the interesection annoucement after end of trade today :) :) :)
 
Have you read the ann Fab? I'm not sure if I like it or not. :confused: Having one of the bits of equipment bust is a bit of a downer. The highlight intersections look OK.
 
Kennas,

to be honest I have scan through so probably your comment is more appropriate. I believe we will now have to wait until wednesday to see what is going to happen
 
Am I the only one here worried about the fact this company is valued so much but don't profits... Should we expect them to be taken over by heathgate? Looks like that's what most expect
 
insider said:
Am I the only one here worried about the fact this company is valued so much but don't profits... Should we expect them to be taken over by heathgate? Looks like that's what most expect
Click to expand...

The takeover speculation could be assisting, but it's also just general U phoria atm.
 
insider said:
Am I the only one here worried about the fact this company is valued so much but don't profits... Should we expect them to be taken over by heathgate? Looks like that's what most expect
Click to expand...

I am not worried at all, they are going to be a producer in the near (2-3 years) future if they stay independent...how many U explorers on the Aussie market are turning a profit? there are only 3 mines! Has PDN turned a profit? look at its market cap. There is some U euphoria but AGS is all quality.
 
Broadside said:
I am not worried at all, they are going to be a producer in the near (2-3 years) future if they stay independent...how many U explorers on the Aussie market are turning a profit? there are only 3 mines! Has PDN turned a profit? look at its market cap. There is some U euphoria but AGS is all quality.
Click to expand...

The really big plus for this company is that Quasar are an experienced U mob and have Heathgate's expertise. All of this 8km away at the Beverley mine.
 
insider said:
The amount of insider trading that goes on in AGS is nuts it's always been like this... Very disapointing
Click to expand...
You think the last few days was due to the ann, which was let out by company staff?
 
I thought this one might go up much more today after yesterday announcement. Any explanation why?
 
I think its just profit taking because of the run its had. gapped up strongly on open after the announcement but probably a lot of traders in it that couldnt resist taking profits.
 
I am a long term player with AGS but it might me an opportunity to switch to something that has not run. I am keeping money in AGS for the moment because I have cash to place elsewhere and I see the long term potential in this company, especially, of course, B4. But, if I was short term trading, well, it's had a damn good run! What is next?

This time in the market is an awesome opportunity to be in and out very quickly and make 10% within minutes. BUT, don't lose 10% within minutes!!!

Or, think LONG TERM!!!!!!!!!
 
Dangerous game you could be playing the way the market is kennas I was just about to do the exact same thing with BKY not doing much around the .77c mark moving sideways today it closed .915c :eek:

cheers laurie
 
Broadside said:
I am not worried at all, they are going to be a producer in the near (2-3 years) future if they stay independent...how many U explorers on the Aussie market are turning a profit? there are only 3 mines! Has PDN turned a profit? look at its market cap. There is some U euphoria but AGS is all quality.
Click to expand...

Have a look at PDN's BFS, look at current 'U' prices in comparison, tonnage rates from LH to be mined (all on spot price delivery). Look at K which is to be brought into construction in late 07 and its aforementioned specifics as well.

Considering that LH is now staffed with experienced personel, plant is 95 percent commisioned and production is immenent, more than likely earlier than expected. They seemed to have covered most of the angles

Consider PDN's Oz specific exploration tenements, VUL aquisition and their excellent management team. Seems to me they will be the only new 'U' outfit to take avantage of the euphoria and deliver 'U', at decades high commodity prices. Their market cap is well undervalued.


As for Palladin making a profit as of today, well they made a cool 3 million net on their TAM aquisition in DYL not to mention the profits on their initial transaction in DYL. This is not the first time they have done well out of their company share trades either.
 
laurie said:
Dangerous game you could be playing the way the market is kennas I was just about to do the exact same thing with BKY not doing much around the .77c mark moving sideways today it closed .915c :eek:

cheers laurie
Click to expand...
Cheers Laurie. I am holding less stocks atm than I have in the past 3 years. 20 down from about 45. Will still be taking things off the table when I think things are too toppy or frothy.

I'll be keeping AGS until JORC, which I hope will give it an even bigger boost. Hoping the buy the rumour sell the fact scenario doesn't play out.
 
Looks like this might be off a bit today. Lots of profit taking after hitting record $1.47.
 

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