AGS 0.00% 17.5¢ alliance resources limited

dollar coming up, page-51

  1. 2,334 Posts.
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    There seemed to be some decent buying interest toward the end of the day. Maybe good news is not far away, I certainly hope so because this Uranium sector seems to be going nowhere at the moment which is so frustrating. All U stocks seem to be looking for direction and slowly trending down as imho investors/traders become frustrated and sell.
    Looking outside the square we see the world shifting to nuclear power led by China, India and Europe which bodes well for the medium to long term. eg. Energy-hungry India has 17 operating nuclear power reactors and plans to increase its current capacity of 4,120 megawatts to 10,000 megawatts by 2012....talks were underway with nuclear vendors from France, Russia and the United States for the construction of six to eight reactors. http://www.google.com/hostednews/afp/article/ALeqM5jDcQmyGqCr4CbK0zHDYJil1fgzmw
    imho we will see the AGS sp set newer highs as positive news is forthcoming and will be personally disappointed if we are below $1.40 by time of production. I would then envisage an increasing sp as production targets are met and the bank balance grows. The big driver for me would then be the second coming of the U bull market and this would have a lead time to the imminent increase in Nuclear Power Plants (commencing 2012).
    The above are my ramblings, just trying to remain positive.
    GL all holders, it's been a long rocky roller coaster ride.

 
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