AKM 3.45% 30.0¢ aspire mining limited

permit cancel ? or something big, page-10

  1. asf
    9,887 Posts.
    Just on winter work, from the quarterly:

    http://www.aspiremininglimited.com/userfiles/file/295_20110930%20quarterly%20report%20ended%2030%20sept%202011.pdf

    "There are currently five drill rigs on site at Ovoot which
    are in the process of being winterised so that they can continue to work through the Mongolian winter season that ends in March 2012."

    Sure, it may be cold there, but if all resource stocks in far-flung places crashed in SP in the winter, we would just sell them for winter, and buy them back for Summer. Even if companies couldn't drill, they can do many other things. We all buy into far-flung stocks because they have resources Australia doesn't have, so Winter is just a part of the landscape.

    Market depth is looking healthier:

    http://cb.iguana2.com/netwealth2/depth/akm
 
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