AGS 0.00% 17.0¢ alliance resources limited

Capital Return, page-62

  1. 1,737 Posts.
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    Sold out my holdings before the capital return at a break even ( as some will know) my wife held on to her long term shares from the early Maldon days so she got the return after some discussion a few weeks ago we used some of that to buy a few hundred thousand shares @ 2.9. The AGM before the sell out sticks out in my mind because of the enthusiasm and excitement there seemed among management for this Chile project especially Steve. AGS have proven they are successful explorers they may have stuffed up on the big find in a poor partnership and sold out cheap (imo) however they will have learned from that and who's to say they may not have another find on their hands. Would hate to be out altogether after years in and they hit something big so I will take the punt ( in profit so far). Interesting that a certain party has doubled his holding from 5mill to 10mill (you must have used your return to double up as well Jason, you are in for the long haul with $350k in and little chance of selling out unless it booms, good luck I hope it works out for you, you would have done more research than most I am sure).
 
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