GREY:ABGPF - Post by User
Post by
east4weston Dec 06, 2015 3:02pm
184 Views
Post# 24359329
Strong week ahead
Strong week aheadWell folk we should be in for another strong week with volume. All of the "don't wanters" that sold off to free up cash should be gone, or almost gone. That leaves all of the "wanters" to continue to take a position . Those people believe in and support the company and development plan. This will al be positive for the share price as well.
- The PEA was strong
- Last weeks volume allowed those with weak positions to sell off without really driving down the price.
- New buyers have taken positions at attractive levels.
- We have received great press on the PEA both TV and print
- Management is on a road show selling the benefits
- Paris is wrapping up with all governments clearly focussed and committed to gleaner energy ( storage)
- Money is leaving non renewable markets in support of renewable at in incredible rate.
All of this will ad up to strng price support in the coming weeks. Just take a look at
Lithium X Energy Corp (LIX)
Although a different product it seen a spike in the first week of trading from .05 to .415. It is well behind AGC in the development cycle, but the same industry. I antisipate that we will see similar price and volume in the coming week (s)
Stay long.