Phew! Not out of the woods yet but looking like the sp is heading in the right direction.
Ive had a worrying 24 hours as I did not want to sell but didn't wish to repeat my BDG experience!
In some ways this "correction" was overdue. Most of the uranium juniours have been rising too steeply and a few of the others may be in for a similar drop.
It is interesting how the prophets of doom arrive in force at such times. Their posts are disturbing and unhelpful. On the other hands the positive posts (eg uranium bull) are reassuring and informative.
The market is so unpredictable. The key message for me is that AGS has excellent fundamentals and even if the JORC is disappointing, the basics remain unchanged. This is one of the best uranium deposits in Australia and longterm that is what matters.
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
