expect a take-over by heathgate, page-30

Hi Seneca,

We've been up and down with AGS for a few years, but 2009 I think will be a very good year for AGS, even though the general Australian economy is predicted to be not so good. Why? We are coming very close now to AGS B4M reaching a recognised fair value, perhaps held down by the current world economic conditions but nevertheless B4M is expanding resource estimate (FME can't be signed off as it just keeps getting larger!), roll fronts are recognised, Ur price on the way up (and energy stocks predicted to be one of the best 2009 investment) and FME production due early 2010. Besides $47 spent on exploration and private JV company that is a world leader ISL/ISR Ur miner

AGS will get a significant lift along either from a fair takeover/sale of B4M interests or as a 25% JV Ur producer, one of these scenario's will happen in 12 months time, for sure

I've topped up another 10,000 last Friday at bargan basement prices