AGS 0.00% 17.5¢ alliance resources limited

heathgate strategy and resultant risk

  1. 159 Posts.
    got this in the email today, though undated. You guys and girls read this before? I'm pretty familiar with uranium and AGS's Four Mile deposit. It is most definitely a quality money making machine waiting to happen. But this with Night Stalker's links has convinced me to sell out straight away. I wasn't aware of the history of Heathgate.

    Be careful guys. Great deposit but the stock has the potential to continue to slide for a year or two. NPV is $0.70, SP $0.55. The upside doesn't warrant the risk in my personal opinion.

    I will buy back in once the risk profile has changed.
 
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