ASR 14.3% 0.3¢ asra minerals limited

gold update - 53,000 kg's, page-24

  1. 1,047 Posts.
    When there is more news... specifically comprehensive results from the drilling program.

    I'd imagine there may be some volume with intermediate milestones regarding diamond drilling, and completion of more of the initial program...

    But the real thing *everyone* is waiting for is to hear how large they calculate the resource is, and whether the 16g/T holds throughout. I'm holding because I feel positive about what will eventually come out of that, but the big money will want an actual number before going in. As a result I get to buy in at 0.2c, and the big money will happily settle for a lower risk entry at a higher price.

    In the mean time there's no reason for impatience, because TNR has consistently been pro-active with overcoming hurdles, and despite setbacks they aren't actually much behind on their schedule.

    These things usually take time.

    It's the price you pay for potentially making a killing.
 
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