ASX 0.45% $64.98 asx limited

"1)its a gold producer (small mind you but a producer- AAR &...

  1. 959 Posts.
    "1)its a gold producer (small mind you but a producer- AAR & FML)
    2)PFS to come in the next few months (AAR- Was thinking this will give me that bounce that i have been waiting for, but now looking at what you said about good news not effecting, AAR is the perfect candidate for doing exactly that, especially considering the drop its had, the jump may not be where i am expecting it to go back to)"

    Dumanadum, you are aware aren't you that AAR's PFS is related to a potential base metals project and not to a pure gold project aren't you? And also that the gold profits being made are all going into the Koongie development if it ever happens?

    If you are looking to invest in a company because it is a current gold producer there are many better alternatives around. However, if you are looking for a potential medium term mid-sized base metals producer and are willing to accept a fairly high degree of risk that the PFS will disappoint then AAR may be an appropriate investment.
 
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