AGY 1.35% 3.7¢ argosy minerals limited

General Discussion AGY, page-4361

  1. 5,563 Posts.
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    I'm happy with this feedback, thank you. I'd certainly prefer to be correct about my target prices than timeframes.

    But what's 61.5c based on? I see 48c (all time high and various reasons make this a target which I won't get into), 50.5c (C&H target, this is a big one I'm looking at), something around 90c (not exactly set yet, depends if the big cup's right edge is on 48c, 50.5c or a few pips either side of that), but personally I don't see much reason to have targets in between those.

    The main reason I don't think we'll see it happen so quickly is just that profit taking will become too powerful a force if it runs too quickly, and secondly I expect the timing may match up with the start of production. Having said that, I'm certainly not saying I'm sure my estimated timeframes will be what we see. So far it's running faster than I was expecting and if insto accumulation becomes the dominant force it can obviously overwhelm all else. I certainly would like us not to take too long to run up because I definitely do not want to see a hostile takeover.

    I certainly have seen AGY run faster than I anticipated and one cranky Hot Copper member even threw an angry, abusive and comical tantrum at me when I said I guessed a run would take six months to start and it happened three months later! Haha! Having traded it well and accumulating during those three months somehow allowed me to struggle through his abuse! Too much funny, haha!
 
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