AAR
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1.35% 7.3¢ astral resources nl

14 billion dollars in ground value, page-49

  1. followme
    9,188 Posts.
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    01/11/07
    13:40
    Post #: 2958034
    stevejd,

    "A good junior with a future, but it'll be a long road before whe will ever post a jorc of this qnty."

    True! But if they got a JORC with an in-grond-value of $15billion+ the SP would be closer to $0.50-$1.

    Certainly not at these levels and thats our point

    Go and find another $50mn company with:
    - $35mn in cash and gold (to be sold within 3-6weeks)
    - and 2 very large base metal projects with multi-bilion-dollar reserves
    AAR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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