ARH 0.00% 0.5¢ australasian resources limited

sherlock bay update, page-5

  1. 566 Posts.
    lightbulb Created with Sketch. 44
    Its pretty obvious how this will pan out.

    The share price will move 3 months prior to an event happening, such as a BFS, financing or whatever.

    Example (one of many):

    GBG Oct / Nov 2006 Hovers around 40 - 50c.....2-3 months prior to BFS runs upto high 70's (in anticipation of BFS).

    BFS gets delayed.

    Hovers in the 50's - moves up 2-3 months prior to the new BFS (expected in August).

    ARH hovering between $1.30-$1.50 mark for the last 5 months. In that time:

    GBG from 60c to $1.60
    SDL from 20c to 80c
    MMX from $2 to $5
    and the list goes on.....even POL has doubled....lol.

    There has been money to be made elsewhere in the mean time - thus the neglect, but people will revisit ARH soon. Please don't slam me because my first post on this thread said that $1.70 (after it spiked at $2+) for this stock was ridiculous and I got caned for stating the obvious.

    Emotion derives nothing, Timing is everything.

    TheGimp

 
watchlist Created with Sketch. Add ARH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.