Australian (ASX) Stock Market Forum

AGS - Alliance Resources

Fab said:
Kennas,
PDN if you go by its market valuation is way overvalue that hasn't stop it going up for 2 years. Why couldn't AGS do the same ? :)
I suppose we should compare PDNs resource base v what AGS come up with to really make a judgement. That's a bit hard when there's no JORC on Beverley yet, and the one they come out with will just be the 'high grade' zone. Difficult.
 
Now this is just geting silly. $1.74.... :eek: I would normally be taking some profits but perhaps a takeover is actually in the wings. That $1.80 price target has pretty much been reached. :)

Will have to get another speeding ticket for this.
 
welldone guys. I knew this would of been a good play when they dropped down to 60! :) too bad I didnt get any. Looks like the jorc resource will be good? anyway goodluck.
 
laurie said:
I think there is 1 more drilling result to come before the JORC which IMHO will be delayed because they will be too embarrassed by the results so the next leg up will be $1.70 then blue sky :2twocents

cheers laurie

That's gone next $1.95

cheers laurie
 
Fab said:
I have decided to let it run to $20 :)
LOL!!!!!
I'll be buying everyone a yacht if it does that.

This JORC is going to have to be impressive. Remember they only have 25% of it.
 
Don't get me started with the yatch again...! :D :D
But, i'll take one...
we'll have to do a time-share on prospector ;)
 
Fab said:
How many shares did you buy ?
:( I actually don't have many due to my stupid policy of not putting more than 2% of money on a speccie and 5% of my equity on an 'investment'. And I didn't even put 2% on this. Maybe 0.5%. :mad: It's a good policy though. Has saved my ar#s@e a few times.
 
kennas said:
LOL!!!!!
I'll be buying everyone a yacht if it does that.

This JORC is going to have to be impressive. Remember they only have 25% of it.

the JORC will be great and the other zones are getting bigger all the time, plus they have other promising projects on the go, though B4M is being prioritised...this rise is nothing to do with takeover...if and when that happens it will be $4 plus, this is just rerating based on what they have discovered thus far, but the penny hasn't fully dropped in the market. Read the summary of the AGM by Agent-86 on Hotcopper it is very informative. (I hold heaps avge 40c.)
 
Broadside said:
Read the summary of the AGM by Agent-86 on Hotcopper it is very informative. (I hold heaps avge 40c.)
Thanks mate, but to be quite honest, HC is a load of c@r#ap and I would not follow anyone's recommendation on that forum. Good luck on AGS!
 
kennas said:
Thanks mate, but to be quite honest, HC is a load of c@r#ap and I would not follow anyone's recommendation on that forum. Good luck on AGS!

you're entitled to your opinion (and I agree it is shark infested if you don't know who can be trusted) but there are some very knowledgeable posters on AGS there and if you want a good summary of the AGM it is there to see. As for AGS I am very confident it will deliver.
 
Broadside said:
you're entitled to your opinion (and I agree it is shark infested if you don't know who can be trusted) but there are some very knowledgeable posters on AGS there and if you want a good summary of the AGM it is there to see. As for AGS I am very confident it will deliver.
Cheers Broadside, I am sure there are some good posters over there, but too much information can create too much noise. I am very happy with the quality of posters on ASF and don't need to go anywhere else. I would never claim to know all there is about stock picking, or interpreting company reports, but I'm happy with what I understand about this one. For now. Thanks.
 
kennas said:
Cheers Broadside, I am sure there are some good posters over there, but too much information can create too much noise. I am very happy with the quality of posters on ASF and don't need to go anywhere else. I would never claim to know all there is about stock picking, or interpreting company reports, but I'm happy with what I understand about this one. For now. Thanks.
What is ASF and where I can access it from ?
 
Fab said:
What is ASF and where I can access it from ?

You are on it now. ASF is this forum.

Broadside: i agree HC has some value. Though i no longer visit but i do recall there were some quality posters there. What do you expect, They have 70,000 members. Even if there are 65,000 rampers, 5,000 is still HEAPS! :D
 
nizar said:
You are on it now. ASF is this forum.

Broadside: i agree HC has some value. Though i no longer visit but i do recall there were some quality posters there. What do you expect, They have 70,000 members. Even if there are 65,000 rampers, 5,000 is still HEAPS! :D
Thanks Nizar. I should have given a bit more thoughts before posting my question :eek:
 
Anyone taking profits? Looks to have run a bit hard to me.
 

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but the volume is reasonable (above the average anyway, tho not by much) and the % gain seems to be rather more than simply a few peoples over exuberance...

something must be up?
 
quite sad I didn't jump on this one really :(

Its just been going from strength to strength!

Best to all AGS holders ^_^

-Caliente
 
kennas said:
Anyone taking profits? Looks to have run a bit hard to me.
I will not sell now so I think this one is due for a correction now I thought the same when it got to $1 and it kept going up and up.
Relative strengh index appears to be very close to 100 which is normally a sign that it should correct. :)
 
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