hangseng
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The movement in AAR is quite positive.
Maybe, just maybe we are about to receive positive notification of Koongie Park.
AAR - Astral Resources
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The movement in AAR is quite positive.
Maybe, just maybe we are about to receive positive notification of Koongie Park.
hangseng
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Yes I tend to think that the word is already out. The 1 bid for just over a million shares at the close auction to take almost all of 9.8 makes me think so even more.
If not the Koongie Park testwork then it can only be news of the potential US$14-20b monster that is Victoria River Downs, more Mandilla gold or finally positive news out of Dalgaranga. Take your pick, AAR only has good news to come.
The break on the daily chart is an excellent sign. Another solid candle and we will have 3 white soldiers and clear breakout commencing. As Marcus Padley stated recently, forget looking at the multitude of chart indicators. Just look at volume and price increasing is positive, decreasing is negative. With an SP increase today of 10.1%, on over 5.1 million volume on no news I will leave it to you to decide.
Definately a great start to what promises to be a great year for Anglo Australian Resources. Hands and heels my favourite stock by far, supported by fundamentals that other companies would envy at this early stage.
In the companies own words, creating value for shareholders. Now let's see what is actually on offer this time around.
Oh and 恭喜发财(see below) to all on ASF (albeit early)
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i wouldn't get too excited just yet. recent trading has been repeating itself so a breakout will be followed by a large volume beatdown. the last attempt in mid november was beaten down but my much lower volume than previously so hopefully this is a sign sellers are wearing out. solid buyer support remains which is definately a positive sign. i'm not holding my breath until pfs news is out and knowing anglo that could be a while yet.
Scuba
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Posters, your thoughts on the following chart please...
This is a chart of todays action on Anglo, not much goes on apart from the 4 spikes of;
1) 412,600 .087 @13:53(hrs)
2) 639,508 .094 @ 15:02
3) 716,500 .095 - .096 @ 15:04
4) 1,233,300 .098 @16:05
If someone has access (and the ability to interpret) better figures on the course of sales then please enlighten us as to why Anglo decided to jump %10 plus today...?
BTW, I like breathing too so won't be holding my breath for the blue sky after having a look at stockness and seeing just $480K worth of trades for the day...
FWIW I agree with what Hangseng says about a "great start to what promises to be a great year for Anglo Australian Resources."
Happy new year to all...
Dave
This is a chart of todays action on Anglo, not much goes on apart from the 4 spikes of;
1) 412,600 .087 @13:53(hrs)
2) 639,508 .094 @ 15:02
3) 716,500 .095 - .096 @ 15:04
4) 1,233,300 .098 @16:05
If someone has access (and the ability to interpret
) better figures on the course of sales then please enlighten us as to why Anglo decided to jump %10 plus today...?BTW, I like breathing too so won't be holding my breath for the blue sky after having a look at stockness and seeing just $480K worth of trades for the day...
FWIW I agree with what Hangseng says about a "great start to what promises to be a great year for Anglo Australian Resources."
Happy new year to all...
Dave
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Already 2M plus traded-market open 1 minute,could be starting its run.Might jump on this for a quick ride
Scuba
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It's 10:21 and Commsec is showing 5,213,000 trades and it's delayed by 20 minutes isn't it?
Not much change in price but the volume looks a bit better...
Not much change in price but the volume looks a bit better...
Scuba
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Sighhhhhh I've gotten excited over so many false starts in the past that I just kept quiet this time,
Sure enough so far it looks like another false start,
I think it will take some serious broker coverage to get AAR moving,
In the meantime as before, I will sit hold and wiat for that time
Sure enough so far it looks like another false start,
I think it will take some serious broker coverage to get AAR moving,
In the meantime as before, I will sit hold and wiat for that time
Scuba
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Just found an article linked from Kitco that is worth a read to followers of AAR with an interest in SanDiego and Onedin...
Cobalt price running wild on predicted big supply shortfall
Let's hope the Metalurgy results are good for KP...
Cobalt price running wild on predicted big supply shortfall
Let's hope the Metalurgy results are good for KP...
hangseng
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Very nice pickup Scuba, the positive ramifications for AAR are becoming more obvious by the day.
Simple calculations display huge upside when the Cobalt value is added in, very high grades of Co9balt have been noted in every AAR report at Koongie Park. As if the value wasn't enough to place a smile on anyones face already.
Scuba
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There's an entry in my portfolio that is looking more like a savings account deposit book by the week! 
Just wondering if anyone can remember the company once touted as "the quiet achiever"? Every time I review Anglo's announcements and release frequency, I find myself (even though inexperienced) considering a huge fundamental value, slow dedicated progression and the distinct feeling that this company will come to be known soon as a "quiet achiever". It can only be a short matter of time until this company has a share price graph with a verp pronounced steep curve up and to the right...
Have a good day readers...
Just wondering if anyone can remember the company once touted as "the quiet achiever"? Every time I review Anglo's announcements and release frequency, I find myself (even though inexperienced) considering a huge fundamental value, slow dedicated progression and the distinct feeling that this company will come to be known soon as a "quiet achiever". It can only be a short matter of time until this company has a share price graph with a verp pronounced steep curve up and to the right...
Have a good day readers...
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Scuba same here,thanks to YT , Hangseng and others for bringing this to everyones attention.Might be an idea if you boys went and did their PR.Think the value of the Silver could be significant as well http://www.thehindubusinessline.com/2008/01/03/stories/2008010350341200.htm
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YT might have been a bit premature on the last couple of post(me and scuba)but maybe just maybe.Would like to see that 450k bid up the offer a bit then perhaps will be off this time.Shhss,keep it down in here
on the last couple of post(me and scuba)but maybe just maybe.Would like to see that 450k bid up the offer a bit then perhaps will be off this time.Shhss,keep it down in here
Scuba
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YT might have been a bit premature
Haha, maybe the AAR thread will get a speeding ticket...
What I'm seeing though is the same old battle for the sub 10c tickrate.
If AAR had %25 of the volume of FDL and had RFIs from the ASX... sigh
hangseng
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Haha, maybe the AAR thread will get a speeding ticket...
What I'm seeing though is the same old battle for the sub 10c tickrate.
If AAR had %25 of the volume of FDL and had RFIs from the ASX... sigh
Unfortunately not to be just yet it seems. Time and news will eventually deal with the trading/traders. I see today now as more of the trading we regularly see but as pointed out buyers are getting more willing, except at the .5 increments.
We will eventually have our day though.
Scuba
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Couldn't help myself, have been looking a bit deeper into Cobalt and found another interesting article; Byproducts V: Why the Run-Up in Cobalt Demand? from December 27th Resource investor site...
Will continue the search for good news for holders of AAR and look forward to some good announcements...
Will continue the search for good news for holders of AAR and look forward to some good announcements...
Scuba
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Company announcement (1pg) regarding;
1 Change of address
2 Change of principal activities to;
"Gold and Base Metals (Copper Zinc Lead) Exploration and Mining in Australia."
..."These changes are effective immediately"
A C PILMER (Co. sec.)
Anyone see any trucks on the way to K.P.?
Good call in post 701 hangseng!
1 Change of address
2 Change of principal activities to;
"Gold and Base Metals (Copper Zinc Lead) Exploration and Mining in Australia."
..."These changes are effective immediately"
A C PILMER (Co. sec.)
Anyone see any trucks on the way to K.P.?
Good call in post 701 hangseng!
Scuba
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Not long has passed, but another article from the Telegraph (UK) has some news holders may be interested in... Cobalt price soars as stockpiles run low
(By Iain Dey Last Updated: 1:05am GMT 12/01/2008)
It's a quick read story, that confirms the predictions and gives some scale...
Scuba
PS Lets hope that AAR can be one of those companies whose SP can "Buck the trend"...
(By Iain Dey Last Updated: 1:05am GMT 12/01/2008)
It's a quick read story, that confirms the predictions and gives some scale...
Scuba
PS Lets hope that AAR can be one of those companies whose SP can "Buck the trend"...
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AAR has fallen below its support level of 8.5c
Given its a blood bath out there today, the question is whether this is just a short term blip below support or a new lower SP range
Still waiting for Koongie
Given its a blood bath out there today, the question is whether this is just a short term blip below support or a new lower SP range
Still waiting for Koongie
