massive potential, page-13

I wouldnt describe my self as bullish. I see a possibility Heathgate will takeover AGS. If they dont or dont want to reason will prevale and the mine will be completed. The uranium is there, most probably there is a lot more than the 71m ibs resource claimed. Its high grade insitu production, which I gather is environmentally and economically better than open cast or underground. Its in South Australia. They have the technical expertise and marketing of General Atomic. There are supply and demand forecasts that indicate Uranium prices will improve in the medium term. I invest long term, I still have a good paper profit on AGS. I think its ok in my portfolio and I hope for the best.