AGS 0.00% 17.5¢ alliance resources limited

Ann: Amended Announcement Exploration Target Four Mile North East, page-85

  1. 1,233 Posts.
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    Your logic - the market values AGS at a total of about $30 million, thus there is no value to either AGS's share of Four Mile, or no value to the uranium. Either way, the market has spoken and AGS is worth 8 cents. Must attack any poster that suggests AGS may be undervalued at present (while occasionally putting up own posts that suggest a buy out at 60 cents +).

    My logic - the market values AGS at a total of about $30 million. This makes no sense since that's the value of their uranium and they still have minimum 15% of Four Mile, one of the largest, highest grade ISR uranium mines in the world. Thus I believe the market is currently wrong, and a higher price is likely.

    I buy shares when I disagree with the market, not when I agree with it. Otherwise how could expect a share price to increase and make money? I don't need you to point out that I probably would have said the same thing about AGS a year ago at 20 cents or so, but I'm also always willing to accept that situations can change. You could say I was wrong then, but I would just say I disagreed with 'the market' then, and I disagree even more now.

    I hold because I think there's a much better chance of an increase from here than a loss. No I'm not guaranteeing it before you attempt a straw man argument. I assume you hold because you can't get out at the current price due to liquidity. If that's the only reason, why spam... er I mean post, so much? I guess a big loss explains why you're so aggressive, but I don't see other investors as your enemy. Why not use the forum as it's meant to be used and take note of everyone's opinion?
 
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