AGS 0.00% 17.5¢ alliance resources limited

Volatility is a hallmark of mining shares...always has been and...

  1. 7,892 Posts.
    lightbulb Created with Sketch. 251
    Volatility is a hallmark of mining shares...always has been and always will be!......BHPB $9 to $32 then back to $23 and now up again....ZFX RIO JBM etc etc
    And explorers looking for their first company maker are of course especially prone to price flucuations...ie big losses or big profits. This is not unique to AGS....the JORC is only one part of the equation....the price of uranium is a more important one....cost of extraction is another etc.
    Traders in mining stocks should know that and if it is beyond one's risk profile stick to other sectors eg banks.
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.