ASX 1.68% $63.41 asx limited

aim resources...votorantim expansion continues, page-5

  1. 13,575 Posts.
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    The acquisition of the gold tenaments stemmed the downward momentum from the looks but for how long without Perkoa news.What we do need is definitive Perkoa news that gives the market reason to reassess this move.A start on the decline comes to mind.Perkoa assays will be handy IF they in fact give the resource a kick but Im still a little interested as to how this can happen with 7 holes which I believe were spread over at least 3 anomalies.Perhaps this wasnt the case and the majority of the holes were over the 2 most promising.Its hard to tell unless we see the actual results and where those holes were positioned.Time runs late for 2007 which will be seen as the year of false starts and major finance package changes that have been both positive and negative for holders.Positive in that they have just about all the cash required for Perkoa,if the next raising goes to plan.And negative for the dilutionary effect it will ultimately have on the sp.What one can hope for now is decent results with the Mumbwa drilling which may instill some value back into the sp.

    d.
 
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