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17.5¢ alliance resources limited

Ann: Amended Announcement Exploration Target Four Mile North East, page-87

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thrasher

4,861 Posts.

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24/03/15

20:24

Post #: 14972476
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Originally posted by Damo79 ↑

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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Great post Damo, right on the money, I am still pumped. Bring it on! Mr negative is starting to grate a bit with attacks on others.

AGS Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Amended Announcement Exploration Target Four Mile North East, page-87

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Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Forest fires see Champion Iron shut down Bloom Lake

Queensland Pacific Metals wins $8M from QLD gov't to reach FID at Townsville chemical play – also to be demerged

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