AIS 2.86% 17.0¢ aeris resources limited

$5 million for 2,200m of drilling !. Even BHP or RIO would...

  1. 37 Posts.
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    $5 million for 2,200m of drilling !. Even BHP or RIO would struggle to spend that amount of money per metre !

    Prospective area but results thus far show only smoke & no fire.

    It appears the drilling programme to date has been poorly managed, so I can understand why ARE feel aggrieved, however you clearly need very deep pockets to do exploration justice to this project, which AIS don't have.

    This is "big" company exploration territory.


 
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