AAR 4.35% 11.0¢ astral resources nl

7th week since, page-13

  1. 24,386 Posts.
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    ""Since 2006 Anglo Australian Resources has undertaken very extensive metallurgical testwork programs on the Sandiego Deposit."

    Gazzat,

    Very good argument indeed.

    But, why then after 5 years with all these Good results we didn't get anywhere fast and we are still lingering.? After all, that has spanned (from your own statement) over five years and while we have had some very high confidence time in the market that many companies took full advantage of. Why didn't we ????

    After all, if the results were so good, I would have to agree with CashedUpBogun that the Chinese would have been all over us like a rash. They never leave anything that show some promise to slip through their fingers. And if they see something positive and with good promise, they even dig very deep in their pockets and come up with all the cash necessary to bring/develop that project to mining stage. That is how bad they want the minerals.

    There would have to be something there that they are not happy with for them to let it slip through to the keeper.

    Could it be that they believe that there isn't enough there to be worth wasting their time on ?? Or that the feasibility of the project up to this stage is not worth investing millions upon millions of dollars, or that in their own opinion what they have seen just showed that it was just a lucky dip hit.

    I really don't know and I am just simply asking the question that no one seem to know. All I know is that CashedUpBogun's comment made very much sense.

    After all, having had some dealings with Chinese in the past before, let me assure you mate, that they know what they are doing, and that anything worth it's salt they love to have their fingers in it.

    They are born businessmen. And money for them determine the status of a person in their society.

    IMHO, it is up to the Company to dispel these fears and contrarian/against arguments. Not for us to find an excuse.

    After all, somene said that they are following these HC Threads. So let's wait for a few days, and see if they do something about it to negate our negative views.

    Food for thoughts.

    Cheers mate.

 
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