6 months ago announcements like this were enough to send the SP for a little run. In todays market the hot money has gone and unfortunatly impatient holders use the opportunity to to sell at a higher price. ARE are one of the few spec plays i am willing to hold onto for the long term. I am lucky enough to be free carried as i bought before initial torrens announcement and sold a handfull between 60c and 70c. I have also been accumilating around the 20-22c mark as I believe the ARE story still has a long way to go. I think Laos will be the real driver behind the SP as we enter 2009. Kroombit is there to ensure my backside is protected a bit and Torrens is that tasty little morsel that has the potential to get me that Astin Martin DB5 in the garage.
ARE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
