weighing up ags, page-5

re: weighing up ags/xcel Xcel - pardon my joining in here, but what exactly are you referring to as "three fails of the high"?

On a TA basis, AGS has really just formed a little pennant/triangle/flag - call what you like - and there is a strong likelihood of it continuing its uptrend.

On an FA basis, I think AGS is in an excellent position to become a producer in the next rank of uranium producers after Summit gets the go-ahead. It doesn't take much in the way of extra logistics and infrastructure to extend the existing Beverley Mine about 4 miles to the west.... relatively speaking, of course.

I see AGS as probably consolidating for a few more trading days, then resuming its uptrend. Possibly a pullback to the 36-38 cents level first. I'm still holding mine.