APG - Auspac Resources

[sallie]

APG is on a good steady rise....

I think the announcment we've been waiting for is imminent... there has been some great consolidation!

Any ideas whats happening here?

 

[enigma13]

apg - bloodbath over?

This little penny dreadful has seen its major shareholder JP Morgan Nominees offloading its small cap stocks. As a result the SP has taken an absolute pounding to be languishing now at 2c with a low of 1.4c. The 20 million share overhang has now been absorbed which should see the share price recover.

When they finally secure a deal with their synthetic rutile plant, the current SP will seem an absolute bargain. It has been a long time coming but it does appear to be getting closer.

MD is again overseas talking to the interested party.

Do your own research, there have been many patient and possibly frustrated investors but certainly worth a look at these prices.

 

[ozewolf]

APG

Not much news re APG, however the stock is going north fast...
Tipping 0.065 by end october...

 

[ezyTrader]

Austpac signs agreement for the ongoing development of the
ERMS SR synthetic rutile process
Announcement: 11 September 2006

Austpac Resources N.L. is pleased to announce it has signed a Research Agreement with BHP Billiton to continue the ongoing development of the Company’s ERMS SR technology for the production of high grade synthetic rutile and the direct reduced iron co-product (DRI). Under the agreement, BHP Billiton will provide funds for:
• the commissioning and operation of the equipment designed to prove
Austpac’s proprietary continuous metallisation process, which is now in the
final stages of construction at the Newcastle plant,
• additional modeling of the proprietary continuous leach vessel that will form
part of the proposed ERMS SR Demonstration Plant planned for Newcastle,
• a review and update of the capital cost estimate for the Demonstration Plant, and
• an independent concept level cost study to obtain updated capital and
operating costs for a commercial scale ERMS SR plant.

The agreed work program will take approximately three months and should be completed in November this year.

Hope that gives you some answers SevenFX...

 

[SevenFX]

Hope that gives you some answers SevenFX...

Thanks ezyTrader, I been watchin it Channel bet 0.048-0.054, but going sideways today.... which I sure some traders are making money in that range.

I'm sure I posted here, can someone tell me where my post is gone....have I been naughty again ...?????

 

[SevenFX]

You picked a winner ezyTrader, certainly is good movement today...

 

[ozewolf]

Austpac signs agreement for the ongoing development of the
ERMS SR synthetic rutile process
Announcement: 11 September 2006



Hope that gives you some answers SevenFX...

thanks SevenFX...things we already should know, however I have no idea why this stock is moving so fast.
I checked their home page and still no valuable informtion re the above...

Regards
Ozewolf

 

[rickaroonie]

Hello people. Just became a member as I've been off the net for about 2 years. Have been a holder of apg for about 5, 6 years. This has been one frustrating stock. Been to all the agm's. I like these guys and have every confidence they will make good. They've got bhb behin them and are very interested in thier technology. Apparently they've spent about 3 billion trying to do what apg has already done. Apg has another technology utilizing the steel dust that bhp spends millions on disposing each year. I know that everyone wants hard facts, I'm notvery good at this and I'm not a ramper. I hold apg. For really good stff go the hotcopper site. Their really excited about apg over there with lots of info. Good luck to all that hold apg

 

[SevenFX]

Any thoughts on APG today, as buyers seller volume ratios look good but not much movement.... sellers seem to be holding strong though

However buyers seem to be moving their positions up from high 5's to low 6's...???? IMO

It certainly looks better though than some others that are falling DYL, AAR, BGF

Thanks
SevenFX

 

[Knobby22]

I own a few bought two months ago so am very happy.
We won't hear anything for a little while yet but the important thing is that it appears the technology will be backed, more contracts will be signed and this little company will do OK.

 

[StockyBailx]

Damn site good commomity and resource Austpac. Put $10,000 @ 555555 now holding $27,195.20. Rather excellant holding considering APG,s academic acclumation.

 

[juddy]

have grabbed some of these this morning on the swing low and break of the small ascending triangle.

 

[juddy]

nice symmetrical triangle forming here. Watch for break of upper trendline on volume.

 

[juddy]

broken out now, up 10%.

 

[juddy]

chart

 

[juddy]

well the volume increased greatly during the latter half of the day and it finished just a tick off its high. News coming or traders?

 

[Freeballinginawetsuit]

A tad slower off the mark, in at 7.9c.
Lets see how it goes Juddy

 

[juddy]

still chugging higher FB, speeding ticket must be due soon.

 

[ozewolf]

Austpac

APG is loosing ground fast..
Anyone know what's behind the fall..

 

[Knobby22]

Too many traders were infesting this stock, getting them all burnt on good news.

I have added 75% to my long term holding at 61c now the short termers have all gone. Should get the gold deal, the BHP deal, the full scale plant go ahead, etc.

Looking forward to a good year.