AGS 0.00% 17.5¢ alliance resources limited

late as usual, page-59

  1. 3,485 Posts.
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    lionhunter,

    i dont agree with ur last statement.
    its not managements responsibility to buy at times of insecurity to make u feel better.

    confidence can be taken from the fact that IG has not sold a single share from $2.85 all the way down to 30c.
    he coulda sold at $1.50 or a $1.20 even and still made a tidy profit, and rememberring that AGS fell from to $2.85 to 60c then got back up to $1.60 before landing where we are today, he had ample chance to sell over at well over $1, but he didnt.

    i know IG not selling any shares has been mentioned on here plenty, but it really does send a clear signal of what he thinks to be the true value of the asset.

    clearly he is closer to the action than any of us, so he knows whats going on.
    the fact that he hasnt sold gives me confidence enuff to ride this all the way thru to either T/O bid or production.

    it would be interesting to see who in here would still be holding their shares if IG had sold in the last 12-18months...
 
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