C7A 0.00% 0.7¢ clara resources australia ltd

Ann: Tin Seminar Presentation, page-51

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  1. 478 Posts.
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    Hear, hear... Market has the ultimate say and so far it is reserving judgement - SP tracking sideways, neither up nor down.

    This "group think" is always a bit of a worry, if you dare a contrary opinion, the pitchforks and burning pyres are activated. I cannot forget LYC in 2102 where ppl were so certain it was about to explode.. only to see if wither away from more than $1 to 5¢ over time..

    This ANW presentation certainly dazzles, but of course the company is going to put up its best case, not dwell on any doubts they might have. The upfront "Important Information" is worth a careful read and digest:

    "Accordingly, there can be no assurance that such statements and projections will be realised. Aus Tin Mining makes no representations as to the accuracy or completeness of any such statement of projections or that any forecasts will be achieved."

    I have seen SDL presentations where development of the resource to production was shown to occur within 2 years. Too bad their funding collapsed and price went from 40+¢ to 1% of that. Of course ANW's situation is different, but ultimately, SP tells the story, and it is time-sensitive...
 
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