Short Term Trading Week Starting: 6 May, page-57

STTCOMP AIS FA LONG
Hi all, I recovered my stock picking mojo in April, so I thought I would share an idea. AIS/ARE are drilling the giant Torrens IOCG anomaly. Technical problems (artesian water) and one dud hole has led to share price halving of both partners in the project. However the latest hole is proceeding nicely past the aquifers and beyond 300m on the way down to the target at more than 1km depth. With AIS you get a high cost copper mine in NSW as well. Leverage, leverage and more leverage if things go right. If the visuals look good no doubt we will find out in the next few weeks and if they don't we will hear nothing. This is more fun than Texas Holdem.