broke $3.00 resistance!, page-3

The strength of a stock like SDL in recent months makes me very bullish for AGO in the short/mid term.

The market is valuing SDL on the same level as AGO! Yes their reserves are huge and will be targetting a 35mil/pa output at very low opex, but they won't be digging up any I/O until 2013/14.... that is years away.

If no-one trumps the GIR deal Atlas will be on track for 20mil/pa (at around $45/tonne) before SDL has even dug a hole! And the way DF operates Atlas could even have a railway built before SDL aswell.

Fingers crossed for the GIR deal and watch out for a serious 2011 market re-rating for Atlas.