AAR - Astral Resources

[adobee]

Some buyers stacking up.. it ran hard for ten minutes there.. I picked some up this morning at 0.019 and as soon as I finally sold at 2.2 it went crazy up to 2.6..

It appears that the majority of these are cross trades XT ? Is this XT done on market I someone putting sell then buying the same stocks ??

Could look to move again just before close.. might make another move on this..

 

[adobee]

WOW Finished 3.3c really moved along ... still way down but good increase in a poor market .. 175% should have had the balls to hold on but want in and out today.. still holding my original shares though..

 

[bobsyer7]

I picked some up this morning at 0.019 and as soon as I finally sold at 2.2 it went crazy up to 2.6..

G'day all for the first time..

I bought some this morning at 0.019, then promptly got busy and forgot to check on them. DOH!! But what a pleasant surprise! I reckon had I been watching them I would have offloaded them somewhere between 2.2 & 2.6 as you did.

But what can we expect for the monday opening ??

 

[fairdinkum]

A good day for aar holders, 't was about time, though...
For those who prefer the spoken word, check out

http://www.abnnewswire.net/press/en/32297/ANGLO_AUSTRALIAN_RESOURCES_NL_Chairmanapos;s_Update_on_Koongie_Park_Project

regards

 

[Scuba]

A good day for aar holders, 't was about time, though...
For those who prefer the spoken word, check out

http://www.abnnewswire.net/press/en/32297/ANGLO_AUSTRALIAN_RESOURCES_NL_Chairmanapos;s_Update_on_Koongie_Park_Project

regards

Long time since a visit for me, but the above 'news' is hardly news at around 22 months old... Look at the date...

Following quote from the site linked by Fairdinkum;

"ANGLO AUSTRALIAN RESOURCES NL Chairman's Update on Koongie Park Project

Sydney, Feb 8, 2006 (ABN Newswire) - ANGLO AUSTRALIAN RESOURCES NL Chairman's Update on Koongie Park Project; Boardroomradio is pleased to announce that ANGLO AUSTRALIAN RESOURCES NL (ASX: AAR) has published an audio file."

 

[fairdinkum]

Long time since a visit for me, but the above 'news' is hardly news at around 22 months old... Look at the date...

Following quote from the site linked by Fairdinkum;

:hide:
sorry about that, mate

my mistake. it won't happen again.

btw. hope everybody had a very merry x-mas!

 

[Scuba]

:hide:

No worries fairdinkum, I still like this outfit and thought to catch the error quickly. Didn't mean any buff n' bluster...

Hope you and all readers had a good Christmas and have a good new year...
:bier:

 

[enigmatic]

Anglo Australian Resources NL (ASX:AAR) Best Hole Ever at The Koongie Project Intersects High Grade Copper and Gold Mineralisation


Perth, Dec 5, 2008 (ABN Newswire) - Phase two of a resource definition and extension diamond drilling programme at Anglo Australian Resources (ASX:AAR)(PINK:AAURF) wholly owned Koongie Project, located 25kms east of Halls Creek, has now finished. Twelve diamond drill holes totalling 2624.2m were completed. Drill cores from all holes have been cut and submitted for assay. Some assay results were released in the Company’s September Quarterly report and results for some additional holes are presented in this release. Assay results are awaited for six holes. The locations of the Sandiego drill holes are shown in the drilling plan.

I think this is the New Article he ment

http://www.abnnewswire.net/press/en/59706/Anglo_Australian_Resources_NL_(ASX:AAR)_Best_Hole_Ever_at_The_Koongie_Project_Intersects_High_Grade_Copper_and_Gold_Mineralisation

 

[ianablue]

I have been following this company for some time and I still hold. I have been encouraged by the faith the directors have had in the company as the continue to buy , Especially Angus Pilmer who has acquired 6500000 shares for ~$173000.00 over the last 12 months. I have attempted to attach atable showing the trades as announced by the company

 

[Old monkey]

I think this is the New Article he ment

http://www.abnnewswire.net/press/en/59706/Anglo_Australian_Resources_NL_(ASX:AAR)_Best_Hole_Ever_at_The_Koongie_Project_Intersects_High_Grade_Copper_and_Gold_Mineralisation

The announcement as usual is bland and matter of fact and too technical for the average reader to grasp the facts. The only conclusion I can derive is that iit must be considerable amount of resources to be announced in order for the management to splash the news in the newspaper. Anyone willing to guess or analyse what sort of resources are we talking about???

 

[fairdinkum]

new anouncement out today, check

http://www.anglo.com.au/_content/documents/591.pdf


highlights:

"New resource models for both Sandiego and Onedin are being developed. Resource estimates for the primary and transitional mineralization at Sandiego are expected to increase as a result of the 2008 program. Both the Onedin and Sandiego deposits remain open at depth and resources may be increased by additional drilling.

The wide, high-grade copper intersections at relatively shallow depths in recent holes at Sandiego are potentially very significant. The recently completed Pre-Feasibility Study into development of the Sandiego deposit did not envisage mining of any copper mineralization in the Transition Zone where the recent intersections have been obtained. The copper mineralization may positively impact the development economics of the Sandiego deposit, particularly as it occurs at relatively shallow
depth." (page 6 of today's anouncement)

looking forward to more good news in 2009

 

[Scuba]

%20 in a day is a good signal, let's hope it starts a trend and maintains some momentum. I would like it to get right up above what was being estimated early last year...

 

[TheAbyss]

%20 in a day is a good signal, let's hope it starts a trend and maintains some momentum. I would like it to get right up above what was being estimated early last year...

One of the few times AAR have moved on an announcement. Sign of the times i guess. At a time when most of the small caps are doing everything they can just to ensure a future financially, AAR are continuing to work up the resource. Not too many small caps can do that at the moment so very positive imo.

Bottom line is they have cash in the bank and good assets. Holding pattern for a while yet though i suspect. only thing that will move this one short term is Gold IMO.

Longer term i am hopeful that they complete the PFS then a BFS then someone goes gulp and buys them up.

 

[kkyyoo]

I'm looking at a target price of $0.039 -$0.04 for a short term trade

Looks like a bullish pennant to me with the breakout of resistance 2 days ago with a good volume, but I might be wrong..

Any other ideas or comments in relation to this one?

 

[Baggy]

Quarterly Report out 30/04/09 Sandeigo Resource Tonnes up by 64%, Copper up by 60%, Zinc up by 12%, Silver up by 48%.
Onedin Resource is also up by the following, Zinc 22%, Silver 21%, Copper5%
I still think that this is a very cheap stock to own and hold as I do. In the long run should be very profitable, just got to hang on.

 

[johannlo]

Yes been far too quiet over last few months, holding at mid-high .02s. With cash in the bank just gotta wait till it starts popping

 

[Bluesky]

Anyone have an idea when the pre-feasibility study will be finished?
Still no interest from the market on this one.

 

[enigmatic]

I've been watching this one go from 2c-2.8c for so long now I'm getting annoyed with not pickup more at 2 and selling at 2.8c hopefully it will break the 2.8cent resistance.

 

[adobee]

Well 3c broken today.. I have potential breakouts happening all over the shop with resources today.. Would love to see this get a rocket up .. might take a look tomorrow if it manages to close above 3c

 

[johannlo]

Still wandering around the high 2s. Gah when so many other juniors are getting nice upswings with opportunities for short term!!!!

I wonder why there's so many sellers in the 3 mark..... it always seem to butt up against that long queue of 3c sellers

Esp annoyed as it was for me a tossup between FML and AAR and I opted for AAR, so guess which one's just had a nice bump lol