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This is amazing, pussycat, u r a genius. This is so bizarre! 
AGS - Alliance Resources
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Sean K
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I reckon geologists mates are buying up!
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Apparently they can "extend" the nearby Beverley mine ... there is supposedly a precedent for this with the North Jabiru mine being some 30 km away from the original Jabiru mine.
Please excuse me if I have not got my facts or names exactly right ... I am working from memory as I can not find the original source of this information at the moment ... but the general idea is right ... so it looks like AGS will be able to mine their find ... especially as the SA govt. is very "U" positive.
Cheers ... Dave
PS I'm holding and happy about it ....
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AGS continues to amaze! Any thoughts on where it's going?
Sean K
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The recent drilling results at Beverley must be just the tip of the ice berg here. However, if they don't follow up with the results expected (or known to a few) then it'll pull back quite considerably. I'm thinking of taking some more profits. The higher they go the further they fall.....
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kennas said:
Ken, how many days did AUM rise from 35c till the ann of Rockland Report came out?
Sean K
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stockmaster said:
Dunno. Not many if I remember. Not sure if AUM is the same at AGS, but still, would be nice.
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It rose 15 days in a row base o nhr graph, lock i nproft is correct in some way as share are risky investment, however i js have this feeling that this share has a lot to good, u can lock in the proft when the ann is out
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Guys I don't mean to hijack here, I'm just trying to understand something,
As AGS is MTN's closest company and they both have very big U deposits,
but if we compare the pair
AGS mkt cap $160m+ 25% interest in Very Large Uranium deposit 120m - 160m lbs+ avg 0.07% so net to AGS is say 30m-40mlbs + U308
MTN mkt cap $35m 100% interest in a very large 70mlb+ depoist averaging 0.07%
AGS is located 8kms from Beverly, MTNs Mt Gee is about 25kms, why is there such a big pricing difference? $160m vs $35m it just doesn't make sense?
Is MTN a lepper?
As AGS is MTN's closest company and they both have very big U deposits,
but if we compare the pair
AGS mkt cap $160m+ 25% interest in Very Large Uranium deposit 120m - 160m lbs+ avg 0.07% so net to AGS is say 30m-40mlbs + U308
MTN mkt cap $35m 100% interest in a very large 70mlb+ depoist averaging 0.07%
AGS is located 8kms from Beverly, MTNs Mt Gee is about 25kms, why is there such a big pricing difference? $160m vs $35m it just doesn't make sense?
Is MTN a lepper?
Sean K
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YOUNG_TRADER said:
Just not flavour of the month is it? Stange really. When you put the ruler over SMM it's probably languishing too.
Sean K
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Yes Laurie, I agree and can't understand why it hasn't been issued, or the stock suspended. It has been an astromical rise.
Could it all be just speculation? YT is right on the fundamentals. atm, on the fundamentals there are better uranium stocks. SMM, VUL, PDN, MTN .....
It's what we don't know that concerns me. I haven't taken any more profits yet, but I have a parachute very handy.
I haven't actually been through such a steep rise on a stock before over such a short period. It's exciting, but I've been burn't too many times by being that little bit too greedy. I was greedy with the general resource rise in April and didn't lock in profits and subsequently lost 000s in paper profit.
There is never a bad profit, and I might have to be happy with that psychology.
Hope your holding on brings fruit. And gold! Well, Uranium!
Could it all be just speculation? YT is right on the fundamentals. atm, on the fundamentals there are better uranium stocks. SMM, VUL, PDN, MTN .....
It's what we don't know that concerns me. I haven't taken any more profits yet, but I have a parachute very handy.
I haven't actually been through such a steep rise on a stock before over such a short period. It's exciting, but I've been burn't too many times by being that little bit too greedy. I was greedy with the general resource rise in April and didn't lock in profits and subsequently lost 000s in paper profit.
There is never a bad profit, and I might have to be happy with that psychology.
Hope your holding on brings fruit. And gold! Well, Uranium!
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The late afternoon slump may be purely due to the market, however i will follow kennas. so kennas if it the rise continue tomorrow, r u going to stay or do some short -term trade?
Sean K
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I sold out at $0.80. Very keen to buy back in depending on what the hell is going on. Beverley has massive potential (obviously)
Am happy to have made some beer money (for a while) over the past 3 weeks. So hard to sell......
I hope it keeps pushing up for you guys, but I'm trying not to be greedy. It'll probably go to $2.00 tomorrow!
Am happy to have made some beer money (for a while) over the past 3 weeks. So hard to sell......
I hope it keeps pushing up for you guys, but I'm trying not to be greedy. It'll probably go to $2.00 tomorrow!
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kennas said:I sold out at $0.80. Very keen to buy back in depending on what the hell is going on. Beverley has massive potential (obviously)
Am happy to have made some beer money (for a while) over the past 3 weeks. So hard to sell......
I hope it keeps pushing up for you guys, but I'm trying not to be greedy. It'll probably go to $2.00 tomorrow!
Hahaha, i hope not!
interesting to note that if AGS had a market cap comparable to that of PDN's then it would be trading at around $8.70 a share
AGS has around half the amount of shares as PDN so it is feasible that with a soon to be JORC compliant resource (say by the end of the year) indicating a larger resource than that of PDN's - the share price will surge significantly - with billions of dollars worth of U in the ground - the possibility for other significant mineral finds - and the tenement's proximity to the existing U mine - good luck to all holders and stay with this one - stocks like these don't present opportunities like this everyday
AGS has around half the amount of shares as PDN so it is feasible that with a soon to be JORC compliant resource (say by the end of the year) indicating a larger resource than that of PDN's - the share price will surge significantly - with billions of dollars worth of U in the ground - the possibility for other significant mineral finds - and the tenement's proximity to the existing U mine - good luck to all holders and stay with this one - stocks like these don't present opportunities like this everyday
