For those who are curious what UBull said on another forum
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When AGS is producing at $75 / lb its probably worth $6 When AGS is producing at $150 / lb its probably worth $12 If they find 150,000t $18?
We are possibly in the biggest commodity bull run in history. Uranium looks like it will be in short supply until 2014 and beyond.
We have at least seven years of Hype and Greed to contend with when it comes to Uranium.
Was Microsoft worth $1 Trillion in 2001? Was VA Linux worth $10 Billion in 2001?
If we think back to dotcom there were companies valued at many times their true worth.
In 5 Years from now Uranium is likely to be in extremely short supply. Uranium Prices could be $200 / lb Plus. and possible as some have theorised $500 / lb
Imagine what the price of uranium might be when the powerstations are winding back electricity production because a complete lack of uranium.
Imagine the publicity, imagine the hype. Imagine all the Taxi Drivers that will be investing.
Forget any normal way of valuating a company. Uranium Companies will be valued in a whole new way
After seven years of Uranium Madness we may well see $100/share
We have 5-7 Years ahead of us where uranium companies will be valued on hype.
I know $100 a share may seem totally fanciful.
But Paying $320 per share for VA Linux was completely ridiculous too.
The great Uranium Crash of 2016 will see Trillions of dollars lost. AGS will go from $100 to $20 per share in a few weeks
Things will get a whole lot crazier yet.
Hang on for the ride.
For the clever and the brave there is a lot of money to be made yet.
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Hope he doesnt mind me posting this here
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held