Australian (ASX) Stock Market Forum

AGS - Alliance Resources

Actually if you look @ ags graph it is due to bouce back as it is outside the bollinger band so it is either in a downtrend if it continues or it will go back within the bands
 
OMG...what is happening to my ags shares! :eek:
Im new to the share game but I can only hope (and assume) that if all is good, that they will turn the other way when the JORC report is released.

Can someone tell me what the implications are of AGS being a "25% free carried interest" means.

I mean how will this affect shares?
Im sure this stock will still be a goer :)

:microwave
 
IMO unless the JORC is outstanding, the SP will fall a little more...consolidate...and continue on its merry way up, on its way to production. I dont think you will be disappointed in 12 months from now, these retraces are part of the game in this type of stock. I'm even thinking of buying in...have been procrastinating since 75c :banghead:
 
AGS is down more than a little today following Friday SP drop

AGS $1.76 -$0.15 -7.85% 1,049,763 share $1,905,429 05-Feb 11:19:29
 
LOL...Id be banging my head against a wall too if i had been watching since shares were 75c:)

Im sure it is a part of the game...and Im very new to this game and liable to get burnt along the way...But im following some of the rules and diversafiying between resources and bio stocks.

Im sure AGS will pick up....but I really hope it doesn't continue its slide.
Im at a loss as to WHY its on the downward trend. I know very little, but the finacial report didnt look that bad to me.
Perhaps there are better out there. Im in for the longer haul anyway:)

Hopefully between AGS and SMM I will come out on top:) :2twocents

:microwave

Im just a boliermaker servicing the alumina industry...so any wisdom on shares is muchly appriciated. (Even if it is JUST YOUR OPINION)
 
needs some drill results

more 2% hits. thats the blue sky ability of this stock. the ability to put out some WOW drill results

do not underestimate the power/potential of AGS. potential can not be reflected in a jorc report.
 
The cats outside my house have more heat than AGS at the moment. Alot of uranium companies are losing their heat except for a few... It's a bit of a test and it shows how many short term investors there are as they obviously jump off onto something else... This is further proof that the Australian Uranium market is run off announcements and anticipation... No announcement, no vertical price movement...

GOOD LUCK HOLDERS
 
insider said:
The cats outside my house have more heat than AGS at the moment. Alot of uranium companies are losing their heat except for a few... It's a bit of a test and it shows how many short term investors there are as they obviously jump off onto something else... This is further proof that the Australian Uranium market is run off announcements and anticipation... No announcement, no vertical price movement...

GOOD LUCK HOLDERS
Yep you might be right in the short term but i am invested in AGS for the long term and this one as the potential to go the same way as PDN. The U story is not a short term one anyway.
 
insider said:
The cats outside my house have more heat than AGS at the moment. Alot of uranium companies are losing their heat except for a few... It's a bit of a test and it shows how many short term investors there are as they obviously jump off onto something else... This is further proof that the Australian Uranium market is run off announcements and anticipation... No announcement, no vertical price movement...

GOOD LUCK HOLDERS

AGS is still one of the very best placed Australian U stocks to move to production in a reasonable time frame (say 2 years), outstanding grades and massive resource potential...for me nothing has changed, still a standout stock....the JORC might disappoint some in terms of tonnage but only represents a fraction of the lease, there is plenty more potential beyond JORC to increase the size. Very comfortable holding at these levels.

I wouldn't put it in the same class as most of the other U wannabies in Australia, it is quality and will actually produce one day.
 
Well I read today in the Australian paper that the price of Uranium is about to increase and they recon that by next week prices will be up.

"There will be a renewed buzz around uraminum hopefuls next week after an upward move in uranium spot price after a 6 week stalemate"
"Record prices in Dec led analysts to suggest $US100/lb was not too far away. The latest move has reignited expectations of further price increases this month." (The Australian Monday Feb 5th 2007)
The rest of the article is about Rio Tinto and its ERA business.

I dont know if that will reflect on AGS shares...but Im hoping so:)

I do kinda wish that i had put more money into SMM...and Paladin would have been great...but that company is a bit outside my beginners budget:(

:microwave
 
This looks to be heading back into buy territory for me. Hopefully it settles around these prices for a few days or so, or at least until I get back. On the chart, around $1.90 was a pretty important support line which failed dramatically... :( ...hopefully there is some at $1.65, next stop $1.35 ish IMO. Oversold on stochastics and a trading opp indicated by the break through BB...Sorry I can ´t put a chart up. Will be very happy if I can buy more when I get back at the $1.35 level. Still quite a bit unknown however in regard to B4M...so as most of these are, a risky stock..
 
kennas said:
This looks to be heading back into buy territory for me. Hopefully it settles around these prices for a few days or so, or at least until I get back. On the chart, around $1.90 was a pretty important support line which failed dramatically... :( ...hopefully there is some at $1.65, next stop $1.35 ish IMO. Oversold on stochastics and a trading opp indicated by the break through BB...Sorry I can ´t put a chart up. Will be very happy if I can buy more when I get back at the $1.35 level. Still quite a bit unknown however in regard to B4M...so as most of these are, a risky stock..
Hit my stop this morning, not sure why it's falling. Was a nice stock with potential but as you say - risky. Will see if it gos to 1.35 next resistance and pick up again if it drops down.
 
Fab said:
This one is making me nervous now :banghead:

Fab, Is your research support your view for AGS? Have you checked it without any bias?

I did it a couple of days ago for PNN, seeing it falling from $2.2 to $1.38. I review everything, and collect as much information as possible, including from this forum, I made the correct predication (see in the PNN thread) , and added a position at almost right time.

The key is without BIAS, find the best case, and worst case. Them you will feel much better either hold it, buy more, or sell it.
 
pnn's deposits are really low tonnage

that is also speculative

how can u compare PNN 40% of their deposit to AGS 25% of a world class deposit?
 
Halba said:
pnn's deposits are really low tonnage

that is also speculative

how can u compare PNN 40% of their deposit to AGS 25% of a world class deposit?
Halba,

I have to admit you did not get it. I am not here to promote PNN. I am here to promote a method to handle nervous and stress.

Your view and my view cannot move the market. Whether I said PNN worth $4 or your said PNN worth 20c have little to do with AGS share price.

But you have to find a way to deal with the reality, sometimes, you are in a very bad situation. When you are not in good mode, you can easily made poor decision.

I try to think wining or losing is not everything. Gradually, I have less and less feeling about daily up and down of the share price. I admit it is still a long way for me to go to have a peace of mind.
 
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