a little background, page-33

  1. 2,110 Posts.
    you have good points Good oil and I hear you, we have been stung by this kind before haven't we?. that is why the call it the spec market.

    But AHK is a new company, new managmnet, they sound promising, thay are active, I can't just accuse them of manipulation until I see some evdience of that. I will know it when it happens. and trust me, I can detect the smell of a rat from a distance.

    I don't think the price of the project is very cheap nor too expensive for what it is. ARK made a good deal and the guy added a few millions to his bank account and still leverged to any potential success, win win as it seems.

    Many deposits of this size yes, but this is not just a deposit, it is a well advanced little project, roads, infrastructure, processing plant close by, permits, man power both technical and labour, on site camp, targets drilled and already a have a resource. They just need the cash and some hard work and yeah!

    Besides, they have another good project in NSW with drill results coming soon, so if all fell apart in INDO, you know you have something else, equally as good as a hedge for your investment.

    Cheers.

 
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