AGS - Alliance Resources

[Halba]

thats standard practise why worry about it

2%+ U i have never heard of it

 

[Halba]

6.5m at 0.82%,9m@ 0.62%, those are also crazy hits

 

[56gsa]

I'm pretty well sure they'll be reviewed - the diamond core is the only way they'll get an accurate count on what they've got. They're using PFN logging - sensitive too lots of factors & they're taking pains to leave a v.big back door open incase later assays come back to bite them; not to mention they're using a rotary mud rig, and unless the hole is washed down thoroughly, even the mud might register (potentially radiogenic material bound in with the clays etc). Having said that, 2%+ is pretty spectacular...

archinos - maybe you can clarify - I thought this was all in-fill drilling - but it appears they are extending the resource (2nd para 2nd page 'continuity of mineralization') - if this is the case are we looking at a bigger deposit than their JORC target resource of 32,000t?
drilling finishes in 2 weeks - how much longer would we expect a JORC compliant resource estimate?

 

[brisvegas]

Today, all of Canada's uranium production is from unconformity-related deposits - Key Lake, Cluff Lake, Rabbit Lake (all now depleted), and McClean Lake and McArthur River deposits. Other large, exceptionally high grade unconformity-related deposits currently being developed include Cigar Lake (averaging almost 20% U3O8, some zones over 50% U3O8).

thats standard practise why worry about it

2%+ U i have never heard of it

http://www.world-nuclear.org/info/printable_information_papers/inf26print.htm

 

[kariba]

archinos - maybe you can clarify - I thought this was all in-fill drilling - but it appears they are extending the resource (2nd para 2nd page 'continuity of mineralization') - if this is the case are we looking at a bigger deposit than their JORC target resource of 32,000t?
drilling finishes in 2 weeks - how much longer would we expect a JORC compliant resource estimate?

AGS are doing Infill drilling ... BUT a number of drills are also to extend the resource

cheers

 

[insider]

lol insider bought your train ticket for AGS on E-Bay the only thing that's going to be burnt is the hole in my pocket when the money starts to roll in and the statement that they can't mine is utter crap oh bty JMHO

cheers laurie

Hey Laurie just wondering what humble pie tastes like?

 

[laurie]

Hey Laurie just wondering what humble pie tastes like?

insider if you really believe I should eat humble pie so be it,my holding is long term it may be your day today,it will be mine tomorrow


cheers laurie

 

[insider]

yeah good hold on to it... if ya wanna sell it at 2$ make sure you do it and fulfill it... i've made the mistake of making a plan and not sticking to it many times (4 times this year to be excact UXA-UNX-AGS-DYE), selling just before a boom... I think AGS are long term and I wish you the best of luck... honestly... But I don't think you'll need it either. (sometimes I like Stirring a bit)

 

[laurie]

yeah good hold on to it... if ya wanna sell it at 2$ make sure you do it and fulfill it... i've made the mistake of making a plan and not sticking to it many times (4 times this year to be excact UXA-UNX-AGS-DYE), selling just before a boom... I think AGS are long term and I wish you the best of luck... honestly... But I don't think you'll need it either. (sometimes I like Stirring a bit)

No offence taken insider cream on the pie was nice though

cheers laurie

 

[56gsa]

Anounced 1:18 non-renounceable entitlement issue @ 0.67 - so imagine shares will hover around this level for a while now - prospectus to be released..

 

[chicken]

Intresting article...in MineBox news all about Beverly mine bought today at 66cents....looking fantastic.....made my day

 

[beach]

gday chicken
welcome aboard, strapp yourself in. by the way glad to hear that it made your day. regards beach

 

[ezyTrader]

Can anyone explain in simple terms to a new trader/investor in the market, how would the prevailing share price interact with the non-renounceable rights issued @67cents? (Note: Current share price @66cents).
If it goes lower?
And if it goes higher?
Or, did I read it wrong ??

Good time to get in now? Or, after the liquidation/dilution of new shares?

 

[chicken]

This one bounced niecly of its low...bought...as I feel...AGS are literally sitting on a Uranium mine.....all good news here....anyone who just got on..enjoy the ride...because it will be a great one...could be a 5 to 6 bager,,,

 

[ezyTrader]

I guess it doesn't matter about the entitlements now, does it?

 

[laurie]

This one bounced niecly of its low...bought...as I feel...AGS are literally sitting on a Uranium mine.....all good news here....anyone who just got on..enjoy the ride...because it will be a great one...could be a 5 to 6 bager,,,

It ain't a mine chicken,if it was the sp would be over $2+ it's a leaching process measured in Litres/hr as oppose to Tonnes through a mining process having said that the cost to start up is much cheaper and quicker as the drill holes for infilling drilling I believe are production holes

cheers laurie

 

[chicken]

It ain't a mine chicken,if it was the sp would be over $2+ it's a leaching process measured in Litres/hr as oppose to Tonnes through a mining process having said that the cost to start up is much cheaper and quicker as the drill holes for infilling drilling I believe are production holes

cheers laurie

As I understand...because they are sitting on a hugh deposit...larger than PDN in Africa....a mine will be established...not as what you posted....the deposit is worth in the billions....and its there all in black and white as soon as the market wakes up to this fact....32cents is a steal....thats why I posted it could be a 10 bagger,,,,,I bought...make your research...looking all fantastic

 

[stockmaster]

chicken, AGS has good potential and has large deposit. However i put more attention on the chart. If u look at chart for the last 2 to 3 months, it has slided significantly and right now it is very hard to say whether it will rise in short term .

By investing at current situation, i believe u r carrying a very high risk because a big rise from now on really requires an ann. which state a either upgrade or significant discovery which in my opinion very unlikely to come within next few weeks. If u r reallying on external factor such as commodity price, i fink it is once again very unlikely to has further signicant rise because on the drop in demand and carrying effect from oil price.

I believe under current situation, risk is higher than reward. Sell might be a wise choice if u r a short-medium term investor!

 

[dutchie]

I agree with you Stockmaster.

I'll buy if and when it gets to about 50c.

Cheers

Dutchie

 

[brisvegas]

chicken, AGS has good potential and has large deposit. However i put more attention on the chart. If u look at chart for the last 2 to 3 months, it has slided significantly and right now it is very hard to say whether it will rise in short term .

By investing at current situation, i believe u r carrying a very high risk because a big rise from now on really requires an ann. which state a either upgrade or significant discovery which in my opinion very unlikely to come within next few weeks. If u r reallying on external factor such as commodity price, i fink it is once again very unlikely to has further signicant rise because on the drop in demand and carrying effect from oil price.

I believe under current situation, risk is higher than reward. Sell might be a wise choice if u r a short-medium term investor!

JORC due last 1/4er of this year , in 2 weeks we are in last 1/4er . 50c with this coming seems improbable yet not impossible . big market tank maybe a catalyst for 50c but barring that i'd be surprised myself . i took a partial at 96c , but still hold substansial from 29c and am completely comfortable . its not what you know but who you know sometimes :casanova:


......... bris