Every project needs to reach a stage of critical mass where the numbers start adding up and start speaking for themselves...
I would like to ask people with mining expertise (and more knowledge of copper mining) the following question:
AAR is trying to substantiate its 58,000 tonnes of Cu and 145,000 tonnes Zn and 3 Million Oz of Ag to reach something I like to call "critical mass"....The obvious comparison for any Cu hopeful is SFR at the moment (and I know they must be hating it when posters from 4c companies like AAR try and compare AAR with SFR) ...But just for the sake of comparison, they have almost 372,000 tonnes of copper, 439,000 ounces of gold and 3.4Moz of silver....
The market considers SFR as having reached that stage and the sp @ $5 plus reflects that....but these tonnage are almost the final reading we have now for SFR.....at what stage did it start running from sub 10c to the $ mark and getting people's attenction? That according to me is the stage I am interested in to know when AAR reaches it....
What is that "critical mass" for AAR in that term?
Will 100,000 tonnes of Copper and 200,000 tonnes of Zinc excite the market? Or double of that or less than that?
AAR Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
