| Latest Forum Topics / Alita Resources Last:0.078 -- |
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alliance mineral resources move up
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furnaces
Veteran |
22-May-2017 15:45
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Bro, 6th June is just a general meeting to seek approval for the issue of new shares. The AGM is tomorrow actually. https://hotcopper.com.au/threads/ann-notice-of-annual-general-meeting-proxy-form.3375519/#.WSKWbWh97IU
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RedEye1811
Master |
22-May-2017 15:42
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Bro. The AGM for Tawana is on June 6th.  http://spcagent.io/taw/wp-content/uploads/sites/26/2017/05/Tawana-GM-NOM_ASX.pdf I am not certain which meeting you talking about. Are you thinking of the Galaxy Resources AGM? That I think is tomorrow.
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furnaces
Veteran |
22-May-2017 15:39
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Personally, am quite certain there will be some information release before Tawana AGM tomorrow morning.
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amlithiumpower
Senior |
22-May-2017 15:33
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A follow up article from recent Canaccord report. Both forum and market also quiet. Ha... https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11515-alliance-mineral-assets-low-capex-start-up-short-lead-time-to-production-good-exploration-upside |
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amlithiumpower
Senior |
22-May-2017 11:19
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Yes.. on your triangle, the price out channel will be at around 36c where the hedgefund (Habour Asia) liquidate at portion of their shares at (their entry at 11.1c). The only consolation is the when at double bottoms, the volume traded is lesser and signified weaken sellers strength. After 36c, the next resistance level will be around 40-42c region whereby alot of people are caught there. Hopefully most of them already cut loss when AM retrace back to 26c so the next push will be easier for the BBs. My 2c worth. DYODD.
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RedEye1811
Master |
22-May-2017 11:10
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It could be suggested that there is evidence of an ascending right-angle triangle or symmetrical triangle (with upward breakout potential) forming....I am not an expert on triangles but from charting it multiple times it does give that trend...so is some support for an upward breakout in price...Much of that I think depends on the FS/JORC...if good then off we go with breakout... And I sit in your camp..I do not think people would be so stupid to toss away money and reputation looking to get infrastructure into place, and so forth if they did not have a very good feel that they have something...I think/feel they know they have a good mine but because of regulations cannot just splash out yelling till FS done etc...and I think that as it can be very good news they taking longer to make certain it correct or that they go greater confirmation (so if TAW goes to AGM they got great news to get next tranche of captial raising done)... Of course can be wrong, but that my view...so I looking for a North Star rather than the Southern Cross....
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amlithiumpower
Senior |
22-May-2017 10:44
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Let' s discuss some technical charting of AM. Some see double top formation at 40c while others see double bottom formation at 28c. Might be a big breakout either direction if we are so wrong or so right. Ha...  Fundamental-wise the only thing to flip us all is the resource report is of poor quality or the feasbility require more capital outlay since the offtake agreement is already in place. 40-45m capital are ready to drive AM/Tawana engine to become the 4th lithium producer. Technical knowledge such as Primero and Mark Calderwood there as insurance. Im 90% confident it should breakout to the north! Ha...
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RedEye1811
Master |
22-May-2017 10:27
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Precisely...that why I prefer accummulate when quiet...When the volume jumps above the MA and price starts moving then if looking to accummulate then it will be too late as best part of price increase already gone...so trying to nibble bit by bit whilst quiet and before it hopefully rockets again... yes, I agree it boring for those already loaded but hopefully can be patient whilst other longists top up our lots... ![]()
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amlithiumpower
Senior |
22-May-2017 10:20
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Last friday MA vol is 18m while traded vol only 5.3m. Today MA vol is 12.8m and now only 1.1m traded. When the actual vol traded exceed the MA vol, we know its game on. Ha... Kinda bored for longlist bros here who have accumulated already. Good chance for those who haven bought enough to load more before it start rocketing again. DYODD
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amlithiumpower
Senior |
22-May-2017 10:15
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Yup. Accumulation at quiet period is the best timing as the herds are not looking. By the time momentum returns to AM, the price have already move on and you will have the high safety of margin.
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risktaker
Supreme |
22-May-2017 09:59
Yells: "Posts are opinions. Do not take it as investment advise " |
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i think the CK will do few million vol everyday to give chance to others to participate... u need vol so people willingly to play if no vol eventually no one dare to play .... so few million surely got one la 
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RedEye1811
Master |
22-May-2017 09:59
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I am only too happy if the trading goes quiet and it simply slides sideways...or dips a few cents but settles at 30c each day...so can accummulate a few more lots during the week.I am not thinking announcement on FS will be out till end of the week at earliest or next week. So just like to grab a few more lots whilst it quiet rather than bouncing up and down and not be certain if go further down or rebound. Once the FS announcement out then my fingers crossed and then I hope the serious buyers will come in and we then see a nice steady upward trend as heads to production. Well that my wish list... ![]()
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amlithiumpower
Senior |
22-May-2017 09:41
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Noble operator catching the contralist now.. Ha... Hopefully AM have some movement today. Both Tawana and AM not active today at all. Gd thing is there seems to be no/ few contralists now in AM, shortlists at this level do not dare to do anything (scared trading halt announcement), left the longlists and the operator who are waiting for the release of next pending announcement. Ha... Build thick sell queues to prevent outsiders to play the counter. Ha... smart move. 
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risktaker
Supreme |
22-May-2017 09:18
Yells: "Posts are opinions. Do not take it as investment advise " |
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i pitty those who brought noble .... haizz... ask them to take profit they dont believe me | ||||
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RedEye1811
Master |
22-May-2017 07:57
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Hopefully it is this week but it could be next week given they said end of May so 29 -31 May next Mon - Wed....but let us hope sooner than later...![]()
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didisiaosiao
Master |
22-May-2017 06:40
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Feasibility report will be out this week........ Hang on tight...... | ||||
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Roxy1968
Senior |
21-May-2017 22:43
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A good read for those invest in AM http://www.financialpost.com/m/wp/news/transportation/blog.html?b=business.financialpost.com/news/transportation/fossil-fuel-vehicles-will-vanish-in-8-years-in-twin-death-spiral-for-big-oil-and-big-autos-says-study-that-shocking-the-industry |
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RedEye1811
Master |
21-May-2017 12:34
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You certain you in right thread?....seems like you smoked too much weed last night and speaking in tongues...perhaps the space jammers can work out what you trying to say...![]()
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ysh2006
Supreme |
21-May-2017 12:11
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You think Submarine remisier promotion on this stock again...but his promotion not zhun nowsaday...Artivision Upp Spackman Golden Energy all die if follow...This mineral stock last month promotion at Sgx auditorium market depth talk
ask people chiong in buy instead his gang unload to us....
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RedEye1811
Master |
21-May-2017 11:08
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Well I suppose if it turns out this a real diamond mine with more resources than imagined then they be getting the presidential suite and those not vested will still be in the street...if mine got nothing then other way around...time will tell...![]()
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