| Latest Forum Topics / Alita Resources Last:0.078 -- |
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alliance mineral resources move up
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jack2906
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05-May-2017 09:45
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haha... you so clever~ I stupid bught at yesterday high price 0.39, just now cut loss d~ heart pain.. you see the buy and sell queue volume, you will notice it is more likely downtrend... the sell down patterns is show it will go south..
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jack2906
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05-May-2017 09:42
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yes... better let go now... one day after suspension lifted, still no continuous buy up is dangerous to chase high...
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KopRed75
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05-May-2017 09:38
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Haha, you must have shorted before saying this. Let's hope for another suspension soon for new report to be released.
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Doffy85
Senior |
05-May-2017 09:36
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I let go mine 375... no balls... counter party all local house.. if today no run up I will wait 1 week for all the speculators to exit or pick up.. then come in..
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jack2906
Veteran |
05-May-2017 09:27
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buying momentum fading... heading back to 0.32 soon~
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RedEye1811
Master |
05-May-2017 09:19
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Thank you for the views. Personally I think during the next 12 months evolution of AMAL there is room for all (shortists, contralists, longists or how you wish to be called). The forthcoming journey of AMAL is not set in stone with no guarantee of success or failure. On one side of the scale there is information that can support total success, but on the other there are a number of hurdles that must be overcome which if not passed may lead to a failure. For example a report may indicate bundles of lithium but if AMAL/TAW do not get funding to get it out of ground then agreement with Burwill is for nil. The rest of the year and into early next year will give us the clear picture (if they not up and running by this time next year for instance then we know it a bust, but if up and running and producing large volumes getting great price then a success). Between then an now will have ups and downs that will give openings for all. And because of that we should respect each others views rather than chatise people. Debate on the facts to help each other regardless of which side of fence. I accept I sit in longists camp and know it going to be a rough trip so need to buckle in. I base that on my personal analysis and no one need accept that, but happy to debate facts. Happy investing and success to all.
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Doffy85
Senior |
05-May-2017 09:15
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Me and my smelly mouth.. >.<
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Doffy85
Senior |
05-May-2017 08:54
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Look like funds coming in .. see who win shortist or fund house ^^ | ||||
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EmmGru
Veteran |
05-May-2017 08:09
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5 drill rigs deployed.... feasibility report should be good or why deploy so many. Quote AMA was expecting to receive a resource estimate in relation to the exploration results of the Bald Hill Project from the professionals appointed by Tawana in April 2017, as disclosed in its press release dated 3 March 2017. The Company has not yet received the aforesaid resource estimate, meanwhile Tawana extended their drilling program for the Bald Hill Project as the extent of the spodumene pegmatites continues to expand. With that, the total number of drill rigs has been increased to five to accelerate the drilling rate.   Unquote |
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jack2906
Veteran |
05-May-2017 07:36
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anyone know the person in charge or key person doing the FS? see whether they got buy or short sell~
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Dunoanyti
Member |
05-May-2017 07:13
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Thanks for sharing
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Seriously
Member |
05-May-2017 06:50
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Great and fair comment there ! Thank u.
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didisiaosiao
Master |
05-May-2017 06:01
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Personally i feel that e feasibility report shld b good. These are experienced miners and if burwill commit before the report is out, surely someone w relative experienced wld hve advice them........ | ||||
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amlithiumpower
Senior |
05-May-2017 03:07
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Well after a long wait, there are 2 factual outcomes.  1)  AM has clarified the existing announcements with greater clarity and there are still more upcoming positive announcements such as FS, Mitsubishi offtake, delayed resources reports  as Tawana extended drilling programme (I believe Tawana want to continue to spend the additional $2.5m in order for them to fulfil the farm-in agreement, who will be so stupid to release the resource report before they are officially in? Even though Tawana might have the estimated figures based on their drilling reports, they are in no hurry to release them but to continue to drill more to improve the resources report.) Another interesting point is without the final resources report, how could the financial institutions be so stupid to pump in A$15m and for established Burwill to enter an offtake agreement? Keep in mind Tawana need to pass the resolution to issue the balance 24.1m shares to the FI on 30 May 2017. Im expecting the resources report will be out most probably by then in order to motivate the existing SH to approve the resolution. (They release the offtake agreement with Burwill together with capital raising announcement, I believe they would do so again) 2) Chart formation and Technical Analysis- today open 36, initial flushing to 33.5 and close at 38.5 while tested 39. Volume traded of 72.8m which is higher than the previous high volume of 64.3m on 19 April.  Strong gap up with 22.2% gain  from last closing price of 31.5. Fact here: If investors do not like the news or the way AM had done, today candle should be red instead. Price movement and volume traded do not lie as it capture everyone greeds and fears. Yes, there are always resistance points and support level but they should be taken as vantage points for reference and to take into account of AM fundamental developments coming (which I stated in point 1).  On hindsight, flushing operation on 19 April 17 caused panic and those weak holders are flushed out between 26-30c when the  psychological barrier of 30c were broken with weak volume but reovered with strong buying in the later part of the day. 20 April 17 is a trap for all the shortlists and contralists which they did not expect a trading halt and suspension. So what has change fundamentally when AM was at 26c on 19 April 17 and it was at high of 39c on 4 May 17? Guys, we need to take it with a pinch of salt. We cant dictate AM direction, we can only read and anticipate the direction to ride along with ' them' . Definitely, a counter with shortlists, contralists, longlists and ' them' make it more fun and exciting as there will always be losers and winners in this game. Using 1 year chart, it seems that the biggest losers are currently the shortlists, contralists are making good profit until the recent halt and suspension operation, longlists are those like us who had bought AM since 10c level are not afraid of any short term price movement and of cos, every game ultimate winner will always be the ' them' . Remember the last private placement at 6c, Hedge Fund HabourAsia fund at 11.1c.  Of course, navigating AM for the next 1 year will tough and heart breaking. Rewards (potential $1 or whatever TP along the way) and punishments (another Blumont  prodigy to pump and dump) are laid along the journey. Shortlists, contralists, longlists and ' them' will take advantage of these fears and greeds and continue to play the game. Always DYODD and research thoroughly before you decide how you want to participate in this game. (Unfortunately we cant be ' them' ) I had converted from a contralist in Sep 2016 to become a longlist after doing much research and was so convinced on this counter when I first bought at 13.9c and I continue to hold even after it was flushed to like 8.8c. Ha... honestly to say I' m not fearful at 8.8c was a lie and the only thing that keep me going is my idol Popiah King Sam Goi who once said if you believe in the value of the company, you should keep buying with conviction. I believe in lithium industry I believe in hedge fund strategy I believe AM will be the first SGX-listed lithium producer and that Temasek will eventually have a stake in AM. I believe in it so much that I take some wee time to write and post it at 3am.  In summary, I do hope my post can encourage the longlists here. I' m not against the shortlists and contralists here and in fact, I do like their participation as they do make this game more exciting. Shortlists who short at the right time (from high of 42.5c to 26c) can still make $$$ and contralists who enter around 33.5-34 and exited 38-39 also make good contra profit. It' s a matter of perception, time frame and positioning. Last but not least, always DYODD and trust your own judgement. Harden your balls and stay in the game. Have fun and  may the odds be ever in your favor! |
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LacOperon
Member |
05-May-2017 02:06
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Good luck... hope you can cover the massive loss incurred by your recent short.
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c3_jail
Senior |
05-May-2017 00:15
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I also want to know :)
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jack2906
Veteran |
05-May-2017 00:02
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hey bro.. lets us know when you go short.. I follow you~
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papayaface
Supreme |
04-May-2017 23:48
Yells: "This is the best time to enter....when everythings uncertain" |
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Also equally important is the next results to be announced. Will it be positive and boost the net value of the company or negative and erode networth ? No point speculating about the mood and intention of the parties involved in the offtake agreement, who is happy and who is controlling party blah blah blah. If the results are no good, the price will definitely be whacked down again. Good luck.  
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papayaface
Supreme |
04-May-2017 23:15
Yells: "This is the best time to enter....when everythings uncertain" |
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Hello helloin early April   What happen to the test results? Delay again and delay again? Next week is middle of May already when it should have been announced. Sense that something must really be wrong and even the offtake agreement had to be announced earleir to prevent all the fighting b/w longists and shortist views. Omg. Think the price should quickly tank back tomorrow. So shortists will be ready. Good luck   |
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Hunkster88
Member |
04-May-2017 21:34
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miss this @0.345 due to offline order. anyone knows the TP for this?  |
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