yeah good call gunner, but I am fairly confident with what I know about the project, that it will be a goer. Seen this happen before, infact my second last transaction was at 91 cents and watched it fly back up towards $2, only to see it drop back down again. Patience in this stock is needed admittedly, however if you have that I feel you will be rewarded in the longer term. i.e 2 to 5 years. The market in general isn't helping at all,however as someone pointed out on this forum, even though it has dropped signigicantly over the past 2 or 3 months, it has so on low volume. Once we get the announcement in September with Shougang committing to the project, I am sure we will see it heading back towards $2 again. With other possibilities of increasing the output with an extra billion tons over the project life, it dramatically increases the profit margin and all of a sudden we are all in the money. DYOR though, cheers notthemama
ARH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
