Ann: Alliance Applies for New Nickel Tenements, WA, page-2

Seems shareholders are underwhelmed by AGS announcments these days.

What caught my attention is that AGS wants to explore in an area that Gandel Metals  currently has an interest in privatising - through its proposed offer of .0055/share to ORS shareholders for Hogans Project (+AYC allocation).

AGS still owns 22m ORS shares.

Looks to me like Gundookerta South is not too far from ORS's Hogans Project.

""The Hogan’s Project is located within the Eastern Goldfields of Western Australia. The project is situated 70 kilometres southeast of Kalgoorlie and 20 kilometres east of the world-class St Ives Goldfield (+13M oz Au) and Kambalda Nickel District (+1.4Mt Ni) (Figure 1). In this highly prospective area Octagonal is exploring beneath transported cover for gold, copper-gold, and nickel sulphide deposits.""

Could be wrong but will be worth re-reading XavierX2's post again in a few years time when AGS's cash reserves have been exhausted in salaries and in exploration.

http://hotcopper.com.au/threads/wor...scheme.2629795/?post_id=16299497#.VlYHmyjEPdk

GLAH