OTCPK:ASLRF - Post by User
Post by
paulindoonon Sep 22, 2010 8:56am
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Post# 17477750
On edge of my seat
On edge of my seatThe much anticipated NR re Milling Contract came out early this morning much to the hooplah of our AIM investors. Currently AGQ in UK is sitting @ a 43% gain over yesterdays close @ 18.62 pence which roughly translates into CDN
.30 (per
https://www.xe.com/ucc/convert.cgi?Amount=.1872&From=GBP&To=CAD&image.x=54&image.y=16)
With JW previously stating that production could start approximately 2 weks after milling contract, I see nothing but upside from here. Of course there will be those that choose to sell, thus locking in some profits. If so, AGQ might have some regression in SP. But in longer run, the SP should increase as some of the revenues are put back in to further exploration of the remaining 90% of the San Jose vein.
A huge sigh of relieve all around with (not meaning to be a braggart) thnx to JW & Co for delivering on their promises.