AGS 0.00% 17.5¢ alliance resources limited

vayama,Lets wait and see, time will tell.Two things that stand...

  1. 2,487 Posts.
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    vayama,

    Lets wait and see, time will tell.

    Two things that stand out to me are:

    1. AGS will make sure it proves up the resources so that it will get what it deserves. This deposit could be a lot bigger then we imagine. AGS seem to think so, otherwise they would not be putting money in to find out.

    2. Getting approval was an historic event that has not been fully priced in the sp. Wonder how many years it will be before another mine gets approved?

    We should not put too much time in calculating the share price. There are so many variables and sentiments that it is abitrary at best.

    In the meantime, please don't knock the stock while I am holding as I want the price to go up and negative posts are not helpful. If you can't be enthusiastic, fake it.
 
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