Oh well, the ARE war chest is now truly running on empty. Director fees, salaries, and exorbitant office rental over the past few years have certainly drained all working capital. Not to mention the Aeries bust-up and the Zambian stuff-up. If only ARE had focused on the main game... LAKE TORRENS. No one really cares about Laos, Zambia, Canada and every other country into which it has ventured. ARE has always been a risk play, in the hope discovering in elephant country another Olympic Dam. Full stop!!! If ARE had come up with a drilling program, not just any program, but a "realistic" program, with a "realistic" partner, and if ARE had respected investors with timely and accurate communication, people would still have invested in ARE via capital raisings. Unfortunately, I believe it is too little, too late and ARE will soon R.I.P
ARE Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
