AGS 0.00% 17.5¢ alliance resources limited

Pimpinit - there will be as many opinions as there are posters...

  1. 227 Posts.
    Pimpinit - there will be as many opinions as there are posters so here is mine. This is not pump and dump and the gold announcement had nothing to do with the share price action in the last few weeks. If you scan the posts from the last 6 months you will see a building uranium story. Production due in 8 months and the dominant partner likely to try and take the junior out before the end of the year. However the junior has a dominant shareholder who wants more than the major wants to pay - as time runs out we are seeing the major accummulate more and more agressively and consequently the price is moving towards the juniors expectation. It just happened that on a day when junior made his gold announcement major had decided to do another push. The pattern is push - retreat - push. We may not get a deal but the temperature has increased. Good luck
 
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