dont be fooled into selling

Just a couple of observations.

The Bots have been busy this morning.
Also the 200 plus seller did very well out of this one this morning.

Sells them at 2.70 on open and waits for the bots to do the rest.
Very clever i don't think.

I am also wondering if it was an O/S order as according to the trades it sold at 9.59am before market officially opened.
They have put the scare factor into some people today.

We have two monumental events happening within days. not weeks.

1) Futures trading on the NYMEX. It will be robust to say the least. All "U stocks" are down across the board including O/S. The ALP factor at present is not the main game. Its "Ho-Hum" atm. The big story is of course Futures trading.

2) Closer to home. AGS in yesterdays announcement make two important points.
Final checks must mean that it is a matter of days and not weeks away from the JORC being released.

Also the timing of the drill results plus the 2mtrs @ Beverley 4 Mile East 1.37% grading was not to shabby either.

By the looks of the mapping, they are looking at doing alot more drilling in the Eastern Section following the contours.

I believe AGS now has the results and are checking it before release.

Also the final point to think about.

In the Northern Territory, Quasir will be discussing the Beverley Mine at a Conference in 2 weeks time.

Will that also include the Beverley 4 Mile Mine given Quasir/Heathgate are the operators? ========================================= UraniumBull's post from SS.

I think from the announcement today the JORC has now been sent from Heathgate to AGS.

Before an announcement can be made the results I believe need to be checked by AGS's consultant, Andrew Bowden.

JORC should be ready anyday.

Looks like it now includes much more of B4M west. 30,000t+ I like the way B4M East has now coughed up a second high grade zone. ========================================= If U/B is correct with the JORC being closer to 30,000tns for such a small section of the total resource then this should give us plenty to think about and look forward too.

Cheers markco2