re: Ann: Atlas doubles DSO Resource inventory... Leonidis,This...

re: Ann: Atlas doubles DSO Resource inventory... Leonidis,

This has come off from A$2.35 and despite this news because of overall market, the shares are down.

AGO have much much more to deliver, irrespective of Iron Ore price increases. Ridley news and offtake still pending.

If you are really looking to buy, this is possibly your best chane. maybe buy 50% of desired holding so if it falls further you can get in at a lower price, but then again it may fly back up when traders stop singing the China tightening song.

I do not see why we should not see A$4.00 per share in 2010 since things for Iron Ore are back to 2008 levels and AGO has much more going for it.

BR
Max