AGS 0.00% 17.5¢ alliance resources limited

Ann: Sale Of The Four Mile Uranium Project, page-327

  1. 7,329 Posts.
    >>
    What do the Directors think that we Shareholders believe they will come across, another B4M?

    They're kidding, they had their chance and blew it!
    Talk about incompetence.
    <<

    AGS was a speculative investment until a few years ago. Shareholders speculated that the company might find something.

    Company did find something. As luck had it, the company found something huge.

    Then it became an investment in a soon-to-be producing company. The directors promised us that. So what happened?

    Directors screwed up big time. At least as far as us common shareholders are concerned.

    Some of us may be concerned about the day-to-day SP, but that's not the big picture. The big picture is directors want to dispose of it and apply any funds to other projects.

    The share PRICE is of little interest to directors. IG couldn't sell his anyway on market. But the share NUMBERS matter, because that is what gives them CONTROL.

    Based on history, IF another "B4M" turns up, it will also be screwed up, but before that we will be asked to cough up more money instead. Of this I am convinced.

    Fully agree with Metal here.
 
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