inspite of optimism she sinks lower and lower, page-3

Hi ,
It is good to read opinions from all sides . Thanks

I have renewed optimisim , as a lot of questions for me were answered in the quarterly. Sure , there will be a cap raising sooner or later, and it is not projected by AAR in the announcement , as projected costs for current quarter is 400k + some , out of about a million in bank.

A lot of drilling is underway , or being mobilised for this quarter . Sure they could spring a cap raising anytime , but projected expenditure is less than 50% of cash in bank. I expect ,(with some hope thrown into the equation), that good drill results , and expanded resource will garner interest from investors.

I too can see through the 'gloss' of the announcement, a few fancy words thrown in , yet overall , upbeat.

This stock is a gamble for me like it is for all shareholders .

As far as the Henry tax thingo ... it is actually good for AAR , what a delight it would be ,to be in the "super tax" bracket!!

that was my 2 bobs worth.