ASR 0.00% 0.6¢ asra minerals limited

Ann: Mt Stirling Gold Confirms Potential for Major Discovery, page-172

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    Well first of all they are not core results, they are assay results of RC chips. This may seem petty to most, but this has serious implications for the kinds of interpretation the geologists at TNR can actually make about the geometry of the GOLD mineralisation.

    I guess I don't feel I'm making a definitive statement. Sure, if the next holes find something huge I'm very happy to come back and discuss these statement I've made. This is very unlikely though, much more unlikely that both the SP indicates and the posters less knowledgeable here seem to understand.

    I believe this thing has a 90% chance of being below 1c in 2 months, a 9% chance of being around 4c in 2 months, and a 1% chance of being 5c or more. Do you think the current price of 3c offers a good risk/reward ratio given those numbers??
 
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