AGS 0.00% 17.5¢ alliance resources limited

awaiting resource upgrade

  1. 2,341 Posts.
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    imho AGS is the standout of Uranium stocks.
    It is worth remembering the following points from the
    24th June ASX announcement:
    High Grade Mineral Resource nearly doubles at B4M with the addition of B4ME inferred resource of 29 Million lbs U3O8.
    B4ME remains open to the West & Northeast.
    B4MW remains open to the Southwest & Northwest.
    Further Upgrade Of B4MW has commenced based on completed drilling. An Updated and EXPANDED Mineral Resource Estimate is to include additional drilling & analyses of the Northwest extension to B4MW.
    The grade results for B4ME have exceeded the companies expectations.
    The combined grades from B4MW & B4ME have the potential to make the project the highest grade and largest operation in the world, with likely favourable affects on project economics.

    We as shareholders eagerly await the B4M resource upgrade and other news leading up to ISR U3O8 mine production in first Qtr 2010.
    GL all holders, patience is a virtue.


 
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Currently unlisted public company.

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