AGS 0.00% 17.5¢ alliance resources limited

here is why price is moving, page-15

  1. 3,688 Posts.
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    re: dynofish: here is why price is moving Hi Geldmangel...

    Yes, I think the prospectivity of the ground they have is exceptional and so far all we have to go on is the drilling results which are of course, also fantastic.

    I asked quite a few questions at the meeting yesterday and I was not entirely happy with the cautious answers I got. But there is plenty of reason to be bullish on the long term value of this company. Interesting that the two wild cards outside of the B4M discovery seem to be the Warrina (spelling?) ground and there is also a lot of enthusiam for this new Frome East ground.

    I spoke to the company secretary and it was interesting to hear that while the relationship with Heathgate/Quasar is good, he admitted they are as much in the dark about General Atomics (the parent) as we are. It seems that GA do a fair amount of American defence work etc. and I got the impression that at least some of the reason for the secrecy about them is due to national security issues of the USA. I could be wrong.

    regards
    DF
 
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