ACF 0.47% $1.07 acrow limited

i got out when opportunity presented itself at 16, posted at the...

  1. 613 Posts.
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    i got out when opportunity presented itself at 16, posted at the time. No one has any faith anymore in this project. They have wasted time and money on the satelite deposits which have turned up bugger all at low grades. they should of concentrated on the main pit expansion instead.
    Ive lost heaps on this and its gone and thats that, it aint coming back and I will never buy back in no matter what. Complete lack of faith and non disclosure. i agree 5c is on the cards cause this will produce bugger all for years to come, besides they still havent revealed the mining costs of those satelite deposits.
    Take the hit and move on is my advice, i did and got in om MSR at 15, now 21. getting the losses back elsewhere and I suggest you do the same, many undervaled stocks out there so move on.
    Would you trust this mob now after their recent history, chinese will pull out and the recievers will move in, sell and run while you still can !!
    Its a sinking ship !
    Good luck all and dont buy in just because it looks cheap.
    My opinion only.
    Duke
 
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