ASR asra minerals limited

Ann: High Grade Results Uncovered at Mt Monger - Divine Prospect, page-5

  1. 14,234 Posts.
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    They are going through records of previous drilling decades ago which then delivered great results but still were not economical to be mined due to high production costs at a low price of gold. Now things have changed, production is more economical and the PoG has taken off. As announced, they will select the area with a best prospects to drill to confirm / update grades.

    That's smart using of the financial funds, why spending a lot for aerial surveys and so on when the data are already in front of them.

    Bobby, same here as at NVA, don't buy. You won't be comfortable here investing, it is not a get rich quick scheme. It requires patience which you, according to your posts, don't have.

    Looks like Mahe clients are off-loading, just keeping the free oppies. Makes it possible for us to buy the ones we did not get apart of the free oppies.
    That's what management is to blame for, they could have allocated it to us.
    Waiting now at 1.5c, who knows what they will do.

    GLTA

 
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