atm the most important thing is the native title, not a lot can be done without it and if it were me I wouldn't be talking it up too much until a deal/price was set for the native title
do you all know there is a cost or charge for native title
they have now said there are a number of gold targets, but look these are based on areal pictures, still positive but would I buy 50 mill shares based on that
Look they first must get native title, that will be very important and I would expect that to start the buying
But then they have to do soil tests, if they prove good then it narrows it down to where they do sample drilling
Now if the sample holes produce good results then those with good holdings can then start to plan things
either way I think this price is pretty good buying, but don't expect the price to rise 5 times till native title is firstly wrapped up
Certainly what we seen today is positive, it is just that some with a short term attitude, or traders will not get what they want
yet
Time is the key, if native title comes next month then things should progress a lot quicker.
ARO Price at posting:
0.6¢ Sentiment: None Disclosure: Held
