down she goes, page-19

Aloha – goodbye.

Uh, the market in general is in real dire straits at the moment, um, this could be a reason for AAR's quite disappointing decline of late. And lets be real about this, if we're worried about protecting capital, then we would've sold our parcels at -10–20%.

My take is that the market is looking at the Zinc price and saying AAR is worth much less than it was 6 months ago. I think they've overlooked the Copper component. Obviously the very late PFS is a problem too. We cannot also discount insider trading, its a penny stock after all.

Anyway it pains me to see a 50% loss, however I did say I wanted to hold until the PFS comes out, and re-evaluate the position then. Am 'lucky' that my RPM holding has effectively written off this investment.