Its a bull mining market very similar to the tech boom in 1999....

Its a bull mining market very similar to the tech boom in 1999. During the tech boom EVERY tech stock eventually had a run. Why? Because those that hadn't run looked cheap compared to their peers.

So far this year DYL, WMT, BLR, GGY, SDL, DGR, MPO, GSE, MRX, EXT, ... to name a few have doubled or tripled. Most of these have only got "prospects".

Can they keep doubling? NO! So the big money day traders will need to look somewhere else. When they do the sheep will follow.

Can AAR's share price double or triple? Why not! Does it look out of place in the above list? Weren't their share prices similar to AAR's 6 months ago? Have any of them made a big discovery or started mining? If anything AAR has moved forward in a tangible manner.

Would AAR look ridiculously priced with a market capitalisation of 60 to 90 million. No! On a PE of 10 it would need to make 6 to 9 million a year profit. Given its current mineable projects that seems highy possible.

The main trouble with AAR's projects is that management should given some financial indications of their potential worth.

Just wait. If not for its tangible worth it'll run because it'll be the cheapest mining stock on the market.