AAR - Astral Resources

[imaginator]

Shi-t this thing was 98 that day, i should've sold it!

Is Merill Lynch coming out with their results tonight in USA? Hope the dow holds today.

Damn shouldve sold it last week!

 

[Scuba]

Shi-t this thing was 98 that day, i should've sold it!
Is Merill Lynch coming out with their results tonight in USA? Hope the dow holds today.
Damn shouldve sold it last week!
__________________
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DYOR- Do your own research. Comments are for discussion purposes only.

:topic
BUT, I'm sure they are, due about 0330 hrs Australian time...
Glad to be of service...

DYOR- Do your own research. Comments are for sleep deprivation and laughter generation purposes only.

 

[hangseng]

:topic
BUT, I'm sure they are, due about 0330 hrs Australian time...
Glad to be of service...

DYOR- Do your own research. Comments are for sleep deprivation and laughter generation purposes only.

Going to need the armour to harden up against this barage. The market looks completely up the creek.

 

[hangseng]

Well is it all over?

My feelings are no as the US may come up with a recovery scheme but it will take some time to stimulate growth and confidence in the US. I have also been informed that subprime problems may (note may) blowout consideraby more than has surfaced.

Australia though I also believe will be quite resilient and eventually wake up that the main problem is not in Aust and our economy is strong. For now we still catch a cold when the US coughs, I just hope the US doesn't get Bird Flu

With AAR I foresee a very bright 2008. However I feel the pain isn't seemingly going away just yet.

 

[Scuba]

Well is it all over?

My feelings are no as the US may come up with a recovery scheme but it will take some time to stimulate growth and confidence in the US. I have also been informed that subprime problems may (note may) blowout consideraby more than has surfaced.

Australia though I also believe will be quite resilient and eventually wake up that the main problem is not in Aust and our economy is strong. For now we still catch a cold when the US coughs, I just hope the US doesn't get Bird Flu

With AAR I foresee a very bright 2008. However I feel the pain isn't seemingly going away just yet.

Hi hangseng, been closely following one of YT's "finds" which is presently running against the tide in the Red sea...

I have nowhere near enough understanding of markets and what the U.S. can do, hopefully it won't be some bright idea from the "gifted (challenged) Texan" ...

With regard to AAR and the price, it doesn't take much of a chartist to see that alot of sellers could be taking REAL profits at %100 given the price as recently as September 2006...

Many people experienced in the market would suggest there is no room for "gut feel" however, my Jiminy Cricket is telling me that FUNDAMENTALLY there is only one way this company will travel in the longer term.
So hangseng, I am definitely in agreement with your last line in the above quote; "With AAR I foresee a very bright 2008. However I feel the pain isn't seemingly going away just yet."

Newsflash; Jedi was noted in the last U.K census as having enough reports in 'Your religious persuasion' to now be considered and recognised as a religion.

So "Trust the force within" (in this world)

 

[Scuba]

Please disregard the previous post as lunatic ramblings...

(Sheet) I'll be able to do a Victor Kyam (?) and buy the company...

 

[TheAbyss]

Not a lot of interest of late for obvious reasons. Interesting to note that 2/3 directors topped up on Mondays low and 1 sold a small parcel of indirect units (any thoughts on why sell such a small parcel?).

Reassuring to see that the directors whilst being very slow to deliver on information are quick off the mark to back themselves when the market was falling like a rock.

Rebounded better than some of the other small caps anyway.

 

[Knack]

I'm really new in investing in shares and was browsing through mining companies that I can invest in. I saw AAR as a start to invest in. What things should I look for when investing?

 

[Sean K]

I'm really new in investing in shares and was browsing through mining companies that I can invest in. I saw AAR as a start to invest in. What things should I look for when investing?

Hmmm, maybe a question for the Beginners Forum, but here's a few points to consider:

Your risk profile. Got money to lose?
The state of the market and sector you're investing in. Are we going up, down, sideways, and is the commodity's value likely to increase decrease?
What do they actually own, and what is the in ground value of it's resources. Times the tonnage by the value of the dirt.
How's management? A bunch of ex dot com geeks turning to uranium, or 30 year veterans who are out there digging themselves?
How's their cash situation? Are they well funded with insto backers?
If the company hasn't a defined resource, what's it's prospects? Do the drilling results and acreage, strike, depth etc make it look like a decent resource will be identified?
If they have something, what are the grades?
Has YT recommended this stock?
Check the chart. Is it trending up, down, or turning around?

The list goes on. Start with those few points.

All the best!

 

[jtb]

Hmmm, maybe a question for the Beginners Forum, but here's a few points to consider:

If they have something, what are the grades?

Has YT recommended this stock?

Check the chart. Is it trending up, down, or turning around?

The list goes on. Start with those few points.

All the best!

::

The most important factor in anyones due diligence in my opinion................

lol

::

 

[Knack]

Hmmm, maybe a question for the Beginners Forum, but here's a few points to consider:

Your risk profile. Got money to lose?
The state of the market and sector you're investing in. Are we going up, down, sideways, and is the commodity's value likely to increase decrease?
What do they actually own, and what is the in ground value of it's resources. Times the tonnage by the value of the dirt.
How's management? A bunch of ex dot com geeks turning to uranium, or 30 year veterans who are out there digging themselves?
How's their cash situation? Are they well funded with insto backers?
If the company hasn't a defined resource, what's it's prospects? Do the drilling results and acreage, strike, depth etc make it look like a decent resource will be identified?
If they have something, what are the grades?
Has YT recommended this stock?
Check the chart. Is it trending up, down, or turning around?

The list goes on. Start with those few points.

All the best!

Thanks Kennas,
Really good pointers, will take it on board. Still getting use to this site, might search for the beginners forum. You guys sound like you've been doing this for a while.
Thanks again.

 

[enigmatic]

I was just wondering arent AAR required to release a quarterly report before yesterday. I read this from another thread in here, they also mentioned that if they dont the stock would be put in a halt until the do. does anyone know if this is correct.

 

[IOT]

quarterly out now...more gold than estimated hopefully that helps the shareprice. updates on the other projects etc

 

[hangseng]

All looking positive, however until the PFS is finalised and this moves to BFS or DFS (depending on finance structure) AAR will not move a great deal.

Kwan Wong is clearly working his technical skills magic. It takes a long while to grow an Elm tree.

On another note, get ready to party loves of fine Chinese culture and cuisine. Let the dragon loose in 2008 on AAR.
Gong Xi Fa Cai

 

[ideaforlife]

This appears to be really bizzare to me.

The reports seems ok. The XAO has gone up 100+ points, AAR has been droping to 0.063, nearly one year low. It seems someone deliberately depressing the SP.

What do you guys think?

 

[MrDevine]

This is not unusual for AAR, I thought it might drop on the Q Report. For short term investors keen on news flow to move the price, AAR management don't deliver. I'm not sure why they persist on leaving announcements late. Some body wants out today. I note that a lot of specs on my watchlist are red. Investors could be moving out of the sharp end into BlueChips and defensive stocks. Who knows, this market is tough.

Mr D holds – but was disappointed PFS hasn't been completed yet, they've been working on this for a long time, as hangseng said, price won't move until market knows the Koongie is a moneymaker. I think AAR could get rangebound between 6-8/9 until PFS is completed. Boring, but true.

My average is 0.09

Mr D.

 

[reichman]

Director purchases more AAR

Folks - Recent announcement says Angus purchased 200,000 shares (on market) today at a cost of $14,000.
Given the highest share price today was .065, can someone please explain to me how this is possible?
How does anyone, let alone an astute person, purchase a share at an amount over what is available to be bought.
My faith in the value of this company is strong. My understanding of this particular occurance is not.
Best wishes to all.

 

[barney]

Re: Director purchases more AAR

Folks - Recent announcement says Angus purchased 200,000 shares (on market) today at a cost of $14,000.
Given the highest share price today was .065, can someone please explain to me how this is possible?
How does anyone, let alone an astute person, purchase a share at an amount over what is available to be bought.
My faith in the value of this company is strong. My understanding of this particular occurance is not.
Best wishes to all.

Mmmmm ...... Interesting ........ It's no big deal I guess, but the correct amount should have been $12847 (two crosstrades .....One of 50,000 at .065 One of 140,500 at .064) and 9,500 at market of .064 .......... Does this have any ramifications ?? ........... I have no idea Cheers.

 

[cuttlefish]

Barney - I reckon its possible they just put the wrong date on the 3y.

looking at today's crossings they don't add up to 200, plus the second crossing is part of a larger sell. from what I understand, crossings are often just a trade between two clients of same broker - e.g. etrade seller to etrade buyer.

There was a buy not long after open last friday for 200k shares (.07) - maybe its that one.

 

[barney]

Barney - I reckon its possible they just put the wrong date on the 3y.

looking at today's crossings they don't add up to 200, plus the second crossing is part of a larger sell. from what I understand, crossings are often just a trade between two clients of same broker - e.g. etrade seller to etrade buyer.

There was a buy not long after open last friday for 200k shares (.07) - maybe its that one.

Hi C'F, Yeah you are probably right. (The two crosstrades plus the residue 9,500 which was the last trade of the day added up to the 200,000, so I thought it looked like that may have been the sum of the total order, but just guessing to try and match the date) ..... Unusual that they would get the date wrong just the same ............. but also unusual for news to come out on the same day of a director/etc. buying ........... don't see any thing sinister in it though ............... Cheers.