AGS 0.00% 17.5¢ alliance resources limited

Fancy meeting you here @GoldPirateI am not sure you will get...

  1. 4,203 Posts.
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    Fancy meeting you here @GoldPirateI am not sure you will get your retrace here.
    It appears it may have already retraced and could be ready to move higher.
    Coming off a very low base, nice volume and that last green candle makes a huge statement.

    https://hotcopper.com.au/data/attachments/2146/2146531-894527ecc3872251d6ce05c71faa276a.jpg

    Just take a look at the capital structure.
    Chairman owns 68.2% and less than 10% free float.
    Anyone wanting a stake here is out of luck with less than 15m.
    I haven't checked the latest soi but this is as tight as that part of a fish anatomy.

    https://hotcopper.com.au/data/attachments/2146/2146534-10d82b4cead45bb4e25f93f4b346c6f2.jpg

    These are very shallow high grade intersections and putting it together with historical drilling along with the small hg resource they already have of au and fe and you have a nice combo.

    https://hotcopper.com.au/data/attachments/2146/2146535-87a6625651b3b3a2d449514c1767a9a0.jpg


    Oh and don't forget that they own the 80 person camp close by.
    Good luck trying to get some of these.
    I will keep researching but this thing is looking very attractive.
    Credits- bought to my attention by @Shamer.
    Kind regards, Wack.
 
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