top 20 holders july update, page-4

MONTH ON MONTH INCREASE IN TOP 20 TOTAL SHAREHOLDING.
From 13th Nov 06 to 17 Jul 08
The Top 20 Total share holding has progressively increased as follows :-
13th Nov 06 53.51% 130,872,474 shares held by Top 20
17th Aug 07 56.33% 140,544,846
17th Sep 07 56.50% 140,976,932
12th Oct 07 56.74% 141,658,841
16th Nov 07 59.67% 162,746,230
17th Dec 07 60.53% 165,073,192
17th Jan 08 60.91% 166,117,124
19th Feb 08 60.30% 164,455,027
12th Mar 08 60,53% 165,108,829
05th June 08 60.78% 165,878,148
17th July 08 61.96% 169,042,664

Between the 5th Feb 08 and 17 July 08 there has been a nett accumulation of 4,855,150 shares by the Top 20 shareholders taking their Total Holding from 60.2% (164,187,514 shares) to 61.96% (169,042,664 shares) of total shares on issue.
Between the 5th Jun 08 and 17th July 08 there has been a nett accumulation of 3,164,516 shares by the Top 20 shareholders taking their Total Holding from 60.78% (165,878,148 shares) to 61.96% (169,042,664 shares) of total shares on issue. So in the last 6 weeks as we get closer to our goal as both a Gold and Uranium Producer the accumulation of shares has been ramped up by the institutions.

This is an indication of bot trading nett accumulation of over 3 Million shares in the past 6 weeks.
Considering there has been a decent correction on the world markets it is an endorsement from the majority of the Top 20 Shareholders in the future of AGS, imho.
Of particular note is the confidence shown by our biggest shareholder Ian Gandel who over the last couple of years has not sold any of his 86,875,150 shares.
Our No.2 shareholder National nominees has picked up another 431,070 shares.
Our No.6 shareholder J P Morgan has picked up another 889,934 shares.
Our No.7 shareholder ANZ Nominees has picked up another 818,945 shares.
To my way of thinking this means that the smart money has been accumulating shares month on month (apart from 5th Feb 08 World Markets sell off).
Hang in there AGSers these are very trying times, imho supreme patience will be rewarded.
My timeframe is Sept 2010, whence my circumstances will change and I will re-assess my situation.
IMHO it is just a matter of time and as a director said at the AGM "the story is only just unfolding", as indicated by the ongoing great B4M drill results.

As always dyor, I hold AGS CUL CQT EMR GBG