ASR 14.3% 0.6¢ asra minerals limited

Ann: Significant Gold Results from Surface at Mt Stirling, page-70

  1. 500 Posts.
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    Few things to go over here from above.
    Some pretty ridiculous statements above re Jorc imo. rough calcs for me has us i think for whats going to be included 150k oz. might be slightly more id trust modes valuation of jorc above more than mine. I agree that market has us atm at about 100koz anything above that will see a little re rte IMO.

    Re the qustion why MC is low, We shouldnt be this low. the credit raise imo has set the floor here and it killed all momentum we had. alot of smart money got in and i thin still holds. we havent dropped on huge volume. but low volume selling will still create a drop. there is only so much buying us TNR bulls can do.

    I have said all along that diorite is where i think this mine will be made. but 'IF' stirling well and mt stirling do actually join then i will then retract that statement because that could be HUGE.

    Currently happy buying and sitting here I think once the jorc hits we will see a few cents up something unforseen would have to happren for it not too.
    All IMO not financial advice GLTAH
 
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