what a jorc, page-15

I think everyone needs patience with this one.

Its been interesting, each time when i have thought about selling some, what has come to mind, what if the results come out.

Thats it in a nutshell.
Have accumulated 6 times so far during the recent down dips.

I have even sold out a few of my other stocks just to continue accumulating. In my view this is the best no -brainer (Hate that word..... No-brainer LOL!!) value for money "U stock" going.

Even during these slow times, i just have to keep reminding myself, this is only the beginning.

1) They are spreading the word at conferences now.
2) ASX 300 listing
3) $14 mln spent on drilling this year (AGS - Free Carried)
4) $100 - next port of call for U308 Auction
5) More drilling results soon
6) Labor 3x mine policy squashed in April
7) JORC - SOOOOOOOOOOOOOOOOOOON!!!!!!
8) Expect upgrade throughout the year
9) Maldon
10) Warrina

Now, given these circumstances, we could be anywhere between $5 - $10 year end.

Remember, what makes this deposit so unique is, its highgrade U308. That makes it a standout for a starter.
Then of course there will be the further upgrade of the quantities over the next few years.

You may think that its not going to happen.
Just the "U price" alone if it should get to $120 - $130 by the end of the year which is on the cards including all the flow on news for the remainder of the year for AGS is setting this company up for massive re-ratings.

I expect PDN to be closer to $15 - $20 by the end of the year. Don't forget, once Australia has opened up the doors for the rest of the world to invest in producers and potentials, watchout.

Cincinnatti - i got caught up in the AEX debacle and held onto them for nearly a year. I bought the oppies at 4.2c. I hate losing so i averaged down over a period of a year and sold out at a slight profit. Now thats what i call patience. LOL!!!!

There is no question in my mind that this stock is value plus. Only wish i had held onto them when i first bought in the .20's.

Cincinnatti, this is a delight for anyone who is prepared to be patient. I am only talking about a matter of another month or slightly more. Thats all it is.

The ASX will probably get another hit within the next couple of weeks regarding the global economy. That will be another time to stock up IMO.

However, just like it went from 1.40 - 1.65 in the space of a day due to volatility shows how resilient this stock is to any downward pressure. The buyers are laughing.


Thats all i will say for now.

Patience will reward you.

Cheers markco2