AIS 3.03% 17.0¢ aeris resources limited

What`s all this rubbish about trying to find someone else to do...

  1. 1,473 Posts.
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    What`s all this rubbish about trying to find someone else to do a farmout with?

    Seriously, if they did this and if eventually a discovery was made, you can bet your balls that these boards would then be filled with the same people whinging that Aeris gave too large a share of the prospect away.

    Just let Aeris get on with the job of doing what they have stated they will do, that is to go over all the information they have on Torrens and are still yet to receive about the area and work out a better plan of attack which will benefit shareholders in the long run. To talk of giving part of what may be the golden goose away is just plain stupid imo.

    So lets say it takes another 6 months before they get started again, so what. That six months will have helped to define better targets and hopefully an improved drill costing.

    And if Argonaut shareholders are not happy with that, then bad luck for them. That`s what you get when you gamble on a one trick pony.

    Best result for Aeris shareholders would be that Argonaut spits the dummy again as their shareprice goes even lower and are forced to sell their 30% stake to Aeris at a fire sale price. 6 or even 12 months down the track, Aeris makes a huge discovery and everyone who bought into Aeris will be thanking management for their business prowess.

    Anyway, this post should ruffle a few feathers,

    Regards The Tinhopper
 
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