AS1 11.1% 2.0¢ asara resources limited

every now and then................, page-6

  1. 281 Posts.
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    like i said before,even if they do find anything where are they going to get the money to develop it,even when they had the 450000 oz deposit emporor mine deal stitched up they couldnt raise the money to develop it ,how is this going to be any different?theses guy are just another lot of cowboys ,raising money from the punters and diluting down untill its time to consolidate again.i held them when they were amg,they were exploring the hammer and tap resource,as usual there was nothing there ,but the sold it to crc who are now using the same sales pitch that amg were to flog the same dead horse.imo there should be tighter controlls on these sorts of operators,a lot of the time they are taking money off people who dont really know whats going on.
    1.5 mil on drilling ,big deal my house is worth that much ,take my advice your money is better off on the nags than this crap.
 
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