Hi Ponda
Your assessment of ARO's position is accurate and factual - but there are a number of factors that come into play with this stock that underlines the cautious nature of shareholders - and the apparent lack of interest by HC posters to this forum.
I think many of us perceive this stock as POTENTIAL plus!! - it is located in a zone that has proven success (though still doesnt guarentee ARO success), appears native title is going to be approved and has further options under its sleeve. These are all tempered by ARO's - and essentially Peter Jermyn's lack of information to his shareholders. Other companies he also is involved in has also been hit by his 'great news coming soon' slant - have risen on anticipation, but hit the floor on facts.
However, you are right on the potential of this stock - and I guess that trust is an element that stockholders look for!
Unless you have money to burn - and that aint what Ive got!! - hehe
Good luck
Bella
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