AGS - Alliance Resources

[kariba]

Just another thing - The daily SP action indicates that it is being accumulated too. I have seen quite a few blocking bids that appear to be capping the SP. Indicates to me that big buyers are stocking up

Regards all

 

[laurie]

AGS has to be the best/safest U stock on the ASX IMO! It is really looking the goods.

Reagrds to all

You and I know that but the market has not really taken to it!

cheers laurie

 

[kariba]

You and I know that but the market has not really taken to it!

I wouldnt say that! AGS has risen 200% in 2 months - that can only happen if buyers want in. This rise has been without day-traders too. Just solid regular rises. All this on the back of very few announcements. The last beeing on Dec 22. Wow! Whats going to happen when we get some more good news. (Which cant be far away)

AGS is starting to get good press too - check out this article for instance:

http://www.aireview.com/index.php?act=view&catid=2&id=3621

cheers

 

[kariba]

For those that believe in gap-filling - the gap between 42 & 42 was filled today. Healthy consolidation too.

regards

 

[laurie]

You and I know that but the market has not really taken to it!

cheers laurie

down 2.44% mid morning trade! so what's change!!

cheers laurie

 

[Anthony.m]

this (AGS) is getting good press on other chat sites, potentially what can it's share price be in 12-18 months?????????????

 

[laurie]

this (AGS) is getting good press on other chat sites, potentially what can it's share price be in 12-18 months?????????????

Will IMHO it will be taken over by that time by Heathgate Resources and will pay shareholders $3 for each share

cheers laurie

 

[ctp6360]

i sold yesterday, woe is me

 

[kariba]

Uranium boom time!!! Choose wisely because a ton of money will be made & lost on some of the junk out there.

AGS - has mega resource
GIR - same deal
AEX - fabulous potential with Sth African resource
SAU - unloved & undervalued - has GREAT leases
MEP - Brilliant management, great J/V's
EQN - Will be mining uranium ore next year!!!!!!!
CMR, ARU, & a few more have class

Throw a dart at the rest, make some dough trading them .... but be on the watch

cheers

 

[Chief Wigam]

I'd like to see AGS go for another run soon. As as aside Kariba, CMR from your list is looking solid.

 

[kariba]

I currently hold shares in:

AEX
AEXO
AGS
GIR
SAU
SAUO

Have missed CMR - but it can go much higher!
Want to get some EQN - MEGA copper mine & will mine (not process) uranium ore next year (22 mill llbs Uranium resource)

Also will have some U3O8 Ltd from new float (Will be a flyer once floated)

cheers

 

[Chief Wigam]

Out of interest, did everyone hold AGS or did you sell during the recent correction? I'm still holding.

 

[Sean K]

Holding Chief. I think there is a little more correcting to go and will buy more of this one when I think it's safe to put my feet back in the water. Could be now, but the market's still jittery and will take any further opportunity to take profits I reckon.

 

[blueroo]

Ditto :

 

[kariba]

I sold in the high 30's - but have bought back in @ 26.5

Bargain prices ATM & if I had more cash I would buy more

cheers

 

[Chief Wigam]

I can't help but notice a head and shoulder pattern did form and downside price target of around 20c was missed but not by much. Anyone else see that?

 

[kariba]

I can't help but notice a head and shoulder pattern did form and downside price target of around 20c was missed but not by much. Anyone else see that?

No .. i dont see a head & shoulders here. Too much up & down action at the top to call it a H & S. Despite the falls in SP there is nothing to suggest that the up-trend has broken. It did plunge thru support at 37 cents in mid May but the bounce off 24 cents is indicating a SP rise back to test 37/38.

It can fall to 27/28 & still maintain the up-trend ... it would not be good if it falls below that.

cheers

 

[Sean K]

Great ann out this am. Beverly 4 uranium project with Heathgate/Qasar looks hot.

Up 30+%

 

[laurie]

And the results are from infilling drilling which means more good news to come

cheers laurie

 

[56gsa]

bit disappointed after their presentation to the uranium conference but these results look promising to make their 33,000t of U target a JORC compliant resource (expected by end of the year) - would be one of the biggest in Oz and they have good partner (Heathgate) who has capacity to exploit

and in Sth Aust - so more advanced in terms of a supportive State Govt

Has now dropped to 40 cents - those that bought on last rise selling at these levels ?