AAR - Astral Resources

[adobee]

Angus CLaymore director still buying shares... hopefully he knows something the rest of us dont .. bought 1mill at 2.5c ...

tempted to get on board whilst this is still sub 3c but history of actually postive news and movement on the share price is pretty slim...

 

[Old monkey]

Angus CLaymore director still buying shares... hopefully he knows something the rest of us dont .. bought 1mill at 2.5c ...

tempted to get on board whilst this is still sub 3c but history of actually postive news and movement on the share price is pretty slim...

Unfortunately AAR is suffering from an image problem ie no good news. What Mr. Angus needs is a good PR adviser who is keen to inform the investors what is happening in the company on a constant basis and quantify in a manner that the lay man will understand. Technical jargons should be minimised. AAR should enlist brokers/analysis to write something about the company. It is no use directors simply buying up shares on their own, quietly.
What message are they trying to send to the market/investors?

Further more in their last Qtr report what happen to lead? I believe they should include lead in their report, it could be quite substantial.

 

[adobee]

I guess the other possibility is that this could be a hugely profittable company, the directors know it and thus arent interested in market hype but just continuing to work away and push to retain the shares and pick up more themselves...

 

[Miner]

I guess the other possibility is that this could be a hugely profittable company, the directors know it and thus arent interested in market hype but just continuing to work away and push to retain the shares and pick up more themselves...

Good point Adobee

I think this gets clarified looking into employment contract of the executive directors and their bonus entitlement.

If your postulate is right then the employment offer will not provide any bonus linked with MC of the shares.

Further the directors get flat salary and bonus associated with production or sales volume then you are on the money

I am assuming AAR is an Anglo group company and from memory Jman or Hangsang posted an excellent research on AAR. I would be curious to know if they are still following it

Disclosure : Just bought AAR yesterday purely on speculative motive and as it always happen I buy the share price drops, I sell it goes up

 

[johannlo]

I'm only down <10% so inclined to hold, but geeze its tempting to change horses esp. when another market clawback happens that doesn't touch AAR too much (like the last week).

Whether above speculation is right or wrong we can only go with the info we have, if I was better on TA and more confident I would have switched horses a while ago. Watching AAR go from low to high 2s and back again is like watching paint fry lol. At least we know they have the cash to keep going for quite some time and the latest announcement was quite positive if not anything spectacular.

I will probably make a decision when the report comes out in 4-6 weeks and gauge the market reaction

 

[Old monkey]

Im with ya YT Silly Stupid company full of fools.
Im waiting on PFS till i get back in.
I have no patience left with these amateurs.

See what I mean. This is one of the previous threads. Note the stupid company full of fools.

 

[hangseng]

Good point Adobee

I think this gets clarified looking into employment contract of the executive directors and their bonus entitlement.

If your postulate is right then the employment offer will not provide any bonus linked with MC of the shares.

Further the directors get flat salary and bonus associated with production or sales volume then you are on the money

I am assuming AAR is an Anglo group company and from memory Jman or Hangsang posted an excellent research on AAR. I would be curious to know if they are still following it

Disclosure : Just bought AAR yesterday purely on speculative motive and as it always happen I buy the share price drops, I sell it goes up

Yes I am still following it and hold shares, with some recent buying as well.

IMO this is quite simply getting better. I am watching closely at the moment for the extension of Sandiego, the increase in Cu is already significant and this has the potential to really display the worth of Koongie Park

The focus is now clearly on a potentially significant Cu find IMO. With Zn, Pb and Ag all there in economical quantities.

With Cu being the first to run up when the market and world economies begun recovery, it could potentially provide the impetus required to place AAR back in the spotlight. Especially if VRD is proven up.

The waiting is testing, however I do believe it will be worth it.

 

[Old monkey]

Yes I am still following it and hold shares, with some recent buying as well.

IMO this is quite simply getting better. I am watching closely at the moment for the extension of Sandiego, the increase in Cu is already significant and this has the potential to really display the worth of Koongie Park

The focus is now clearly on a potentially significant Cu find IMO. With Zn, Pb and Ag all there in economical quantities.

With Cu being the first to run up when the market and world economies begun recovery, it could potentially provide the impetus required to place AAR back in the spotlight. Especially if VRD is proven up.

The waiting is testing, however I do believe it will be worth it.

Good to see you are still on AAR. It has been a long frustrating wait. How can we justify this optimism on AAR, when you see other metal companies marching on and leaving AAR way way behind. Take a look at RXM which is also after copper.
Their shares jump from $.465 on 22 July 09 to $.80 on 10 August 09. Presently they are $1.40. All within one month.

IMO more research is necessary on AAR

 

[hangseng]

Good to see you are still on AAR. It has been a long frustrating wait. How can we justify this optimism on AAR, when you see other metal companies marching on and leaving AAR way way behind. Take a look at RXM which is also after copper.
Their shares jump from $.465 on 22 July 09 to $.80 on 10 August 09. Presently they are $1.40. All within one month.

IMO more research is necessary on AAR

Let me clarify so as not to mislead anyone on what I posted. I just read it again.

Regarding Zn, by "economical quantities" was in reference to the size of the Zn resource and recoveries now indicated. Unfortunately though at present Zn is out of the money according to AAR's costing for recovering by ~6c a lb. Until the Zn price recovers, and it will, Zn would not be economical to mine.

On the other hand Cu and Ag definately are. Thus the focus on Cu now.

The delay could be related to this, in fact I am almost certain it is now.

 

[Garpal Gumnut]

Let me clarify so as not to mislead anyone on what I posted. I just read it again.

Regarding Zn, by "economical quantities" was in reference to the size of the Zn resource and recoveries now indicated. Unfortunately though at present Zn is out of the money according to AAR's costing for recovering by ~6c a lb. Until the Zn price recovers, and it will, Zn would not be economical to mine.

On the other hand Cu and Ag definately are. Thus the focus on Cu now.

The delay could be related to this, in fact I am almost certain it is now.

My take on world metal prices going forward is that Cu is overpriced. I don't have a chart to hand but will attempt to post one.

gg

 

[adobee]

"DRILL TESTING COMMENCES ON THE EXTENSION OF THE
ROGAN JOSH DEPOSIT AT FEYSVILLE NEAR KALGOORLIE
WESTERN AUSTRALIA"

I am considering buying some before the results but am worried I could be waiting years ..

 

[IGO4IT]

"DRILL TESTING COMMENCES ON THE EXTENSION OF THE
ROGAN JOSH DEPOSIT AT FEYSVILLE NEAR KALGOORLIE
WESTERN AUSTRALIA"

I am considering buying some before the results but am worried I could be waiting years ..

IMO, the way world is recovering now, any logical/reasonable miner will have their share of the fun for as long as qty of whatever metal found is mineable.

therefore, for the purpose of incresae in share price, you may not need to wait....hopes & metal prices could do all the work without having 1 annoucement out or even mine anything.

I'm sure we've all seen it happen hundreds of time 2 years ago during the previous boom!!! most of the market was looking for metals & only handfull were getting anything out or in the way of getting anything out & prices were going crazy to everyone!!

so my point here is that IMO small spec miners didn't need amazing results or announcement.... many played the market & banked on it regardless of the individual stocks held...they just choose the right spec miner for the RIGHT METAL!!

that's my

cheers,

 

[Old monkey]

Re: AAR - Anglo Australian Resources
Quote:
Originally Posted by adobee View Post
"DRILL TESTING COMMENCES ON THE EXTENSION OF THE
ROGAN JOSH DEPOSIT AT FEYSVILLE NEAR KALGOORLIE
WESTERN AUSTRALIA"

I am considering buying some before the results but am worried I could be waiting years ..
IMO, the way world is recovering now, any logical/reasonable miner will have their share of the fun for as long as qty of whatever metal found is mineable.

therefore, for the purpose of incresae in share price, you may not need to wait....hopes & metal prices could do all the work without having 1 annoucement out or even mine anything.

I'm sure we've all seen it happen hundreds of time 2 years ago during the previous boom!!! most of the market was looking for metals & only handfull were getting anything out or in the way of getting anything out & prices were going crazy to everyone!!

so my point here is that IMO small spec miners didn't need amazing results or announcement.... many played the market & banked on it regardless of the individual stocks held...they just choose the right spec miner for the RIGHT METAL!!

Sorry, Adobee, I don't agree with you. It sounds wishy washy. Not many people would invest in something just by banking on it regardless of the stocks held. There is such thing as fear and worry of the investment going sour. Many people has been burnt including myself. When investing I suppose the basic thing one is looking at is the management and their P & L and Balance sheet, demand also is important for the commodity. for small caps it is especially necessary to be careful. for mining companies if they have discover substantial resources their share price will reflect the asset backing be it their in ground value which is able to be verified. And for investors it is a matter of time before being taken over by some big conglomerates and you will see share price soar. Investors are good judges to a certain degree if they are being constantly informed by the company they own. It is the speculators that pounce on sentiments for their day trades or whatever and make a quick buck. As for AAR it needs to keep a steady stream of information to the public, even if it has to change directions for example delaying a certain project in favour of another. What is their strategy given they have so many types of metal.

cheers

 

[IGO4IT]

hi old monkey,

IMO you're wrong & i think posting in the wrong stock!!!

AAR is not BHP or RIO to get dividends or have solid mangament etc... this is a spec stock & defenitely you don't seem to understand the nature of specs


if your idea of solid managment & regular annoucement is what makes the company & metal prices & market hype don't mean anything....then please explain to me how AAR was 11c before & AEX was 10c & dyl & EXT & all others....

2 -3 years ago the same companies were there, nothings changed, hopes & potentials only....we're now 2 years closer to seeing actual metals & price is quarter what is was!!!

the investment option here has to be ILLOGICAL for a logical investor who's after a guaranteed return on their captial.

while Investing in specs, things are different, if you win in specs, you make 15 & 20 folds ...... partly it's a bet...... not only on company but on potential, market conditions, A$ future, etc.....

so I think your argument is more related so a blue chip company & nothing to do with spec stock such AAR!

cheers,

 

[IGO4IT]

Decent move higher today!!!!!!

I hope many are watching this rocket taking off!!!

I think potential here is extremely well at these very low price levels. history shown SP to go higher as much as 4 times of today's value & now AAR is many many steps ahead & closer to production!!

cheers,

 

[adobee]

Big spike on volume and price yesterday... will watch out today and see if there is an enty point .. I am loathed to buy in at 3c plus after holding stock from 6c down to 2c and finally dumping it round 2.7 anyway.. watching this one today.. news must certainly be on the way otherwise it would have the interest..

 

[Mazrox]

I always keep an eye on AAR as I have held them for several years now. I suspect almost all of yesterday's volume was one buyer - from about 2.40 onwards there were regular trades of 100,000 shares one after another. So someone has put a six-figure sum into the company.

I've always been quietly confident about this one, as directors were buying up little parcels with real money (on market trades) at regular intervals over the last 12 months, and I figured that if they were prepared to put their own cash into it, then it was probably reasonable for me to hang on.

The time it's taking to get things moving has been a bit frustrating, though....

 

[TheAbyss]

AAR have been teasing us for quite a while that is for sure.

Results from the AC drilling at Feysville should be in by the end of the month. If they follow that up with some RC then things may well be looking ok for holders.

AAR have quite a few irons in the fire and the price of copper is the current driver i suspect.

Base metals have been improving for awhile now so little surprise that the SP has moved up. Maybe it is time for the smaller caps to move forward which will probably be an indicator that the upward trend is just about finished for the time being. A few weeks left yet i hope though for the small caps.

 

[adobee]

Should we be seeing some news & results out about Rogan Josh Feysville & also Victoria River Downs NT..

The extension, which is untested over 2 km, south of Rogan Josh will be tested by a 3000m air core drilling program which commenced September 7th 2009.

 

[TheAbyss]

Should we be seeing some news & results out about Rogan Josh Feysville & also Victoria River Downs NT..

The extension, which is untested over 2 km, south of Rogan Josh will be tested by a 3000m air core drilling program which commenced September 7th 2009.

Sent an email to AAR asking about results and they replied (very quickly) that drilling results wont be released until early October.

Didnt ask the obvious question, are they any good as we know they cant reply to that. Wait and see..........