Offcourse there is nothing to do with announcement. The market is always right, AAR deserved its share price. I guess you guys own too much AAR, cope too much loss, and do not read their report properly. AAR has nothing.
1) The Mandilla has no more gold, read again carefully in their quarter report, it is not viable. 2) Koongie park project: a) Onedin is not feasible, they 're not looking at it anymore, unless more resource 're found, otherwise it is a dead piece of land. This also indicates in all the reports, look at the white candles drawn in their reports. b) Sandiego seems to be on the boundary now, in their last report, the word "VIABLE" is mentioned, if there is no more resource found, this is also dead. It is understandable due to the current fall in zinc price.
If one look further into AAR annual report, one can see that the in SITU has gone down from 1.5B to 1.2B and God know what it has gone down now with the current zinc price and the unextractable Onedin.
Don't anyone mention about Victoria Down, it is a joke, purely speculation. This means AAR has not a damn thing but 9M cash in the bank waiting to burn up in director salary.
F... I once caught up with all the BS discussion of Hangseng and YT in Aussie forum, there was many chance for me to sold this f.. stock above 10c to make a small profit (I came in at 9c). Now I cope a > 50% loss. I was blind. A smart investor is the one who cut their loss at 10%, not wait for it to go down and try to average it out by buying more. The more you buy, the more you loss. And one day it come into voluntary administration, you 're going to lose all just like VRE. I 'm out of this sh....fatProphet has removed their recommendation for this stock a long time ago from their site
AAR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
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