AAR - Astral Resources

[jtb]

if we disregard the gold and the U3o8 rumours and focus on the upcoming PFS re: lead,zinc & Ag.

After a quick scan comparing AAR with TNG's big news deposit (todays sunday times) I see AAR's -

5Mt @ 7.0 % Zn
0.7 % Pb
>20.0% Ag

Appears at least the equivalent of TNG's -

10MT @ 3.0 % Zn
0.7 % Pb
5.5% Ag

Obviously haven't accounted for AAR's 1.0% copper nor other assets (either way).
Main item of interest was TNG's recent run and 130Mil MC compared to AAR's 60Mil MC.
I've got a 20c target on AAR whereas the above alludes to 25C

Any TNG holders able to fill me in?????
As mentioned just a quick scan after the footy with a few under the belt

 

[Bluesky]

Morning all, just found something that could be in the upcoming announcement.
There was 2 licenses granted to AAR in the NT.


jtb - TNG has also been granted license

1st license -
NOTICE OF GRANT OF AN EXPLORATION LICENCE
Title Type and Number: Exploration Licence 25423
Granted: 07 March 2007, for a period of 6 Years
Area: 498 Blocks, 1642.00 sq kms
Locality: VICTORIA RIVER DOWNS
Name of Holder/s: 100% ANGLO AUSTRALIAN RESOURCES

2nd license -
NOTICE OF GRANT OF AN EXPLORATION LICENCE
Title Type and Number: Exploration Licence 25422
Granted: 07 March 2007, for a period of 6 Years
Area: 465 Blocks, 1491.00 sq kms
Locality: MOUNT SANFORD
Name of Holder/s: 100% ANGLO AUSTRALIAN RESOURCES


And you can check this site too, link is below, then on page 4.

http://www.nt.gov.au/dpifm/Minerals_Energy/Content/File/Mining_Notices/MN11-07.pdf

Hopefully an exciting few weeks ahead

Thankyou www.google.com

 

[UPKA]

Good find bluesky, bt the license was granted in March, why didnt they make the annoucement back then? looks like two large blocks of land, any ideas what they r looking for there?

 

[Ang]

OK - todays news is that I have spoken to Angus Pilmer, director of AAR. I asked if the commencement of drilling at Mandilla was in responce to the Ramelius find? he said no it was just a coincidence. I asked if they where expecting a Ramelius grade find? he said no, they have NOT found results at that level and they never expected to, but a good result nonetheless with 50,000 oz at a grade he would not tell me, but gave the suggestion of a similar result to grades already found and reported at Mandilla. He said results will come out soon, ie. we will not have to wait as long as the quartaly report in June/july. So should be out soon.

For me the most interesting thing was his excitment about the Dalgaranga project in WA and some news pending on Uranium???? It's no secret about uranium in the area but I got the impression that major good news was coming from this project.

As quoted from BUY&SELL.

As a large holder of AAR shares I thought I would call the Director, Mr Angas Pilmar and see if he has spoken to you and has mentioned any of the content you claim. He is a staight shooter and denies ever speaking to you and was annoyed that this sort of ramping is accuring and made it clear that the anouncements will be made when they are made to the stock exchange not by shareholders obtaining information from him or any other company Officers. He did say he is too busy finalising end of year results and yes they have made an good profit and the drilling results will be announced when they become available for all to see, not by an individual shareholder ringing him to get the leg up.

I don't feel you you should make up that sort of ramping in this forum if it is not true. This stock is an exceptional stock and will be a winner in the next week or so, however I am disappointed that a member of this forum can make up a story to ramp the stock up when it doesn;t need it.

Kind regards
Ang

 

[aaronphetamine]

Well dont look at me, I didnt say it or obtain this information. It was a direct quote from another Forumer here.

Discuss that with him

 

[Ang]

Well dont look at me, I didnt say it or obtain this information. It was a direct quote from another Forumer here.

Discuss that with him

Sorry Aaron, this was meant for Buy Sell who quoted Mr Pilmer. I should have gone back to the original message and did the reply from there.
kin regards
Ang

 

[drasicjazz]

hey is anyone looking suspicious at the seller site here
i can t help myself but there is a lot of sellers depth here
i shouldn't compare but it's like a roman road(cobblestone), very messy compare to DIO 's road ahead
maybe some Caesar out here can give me his thoughts?

cheers

 

[cuttlefish]

if we disregard the gold and the U3o8 rumours and focus on the upcoming PFS re: lead,zinc & Ag.

After a quick scan comparing AAR with TNG's big news deposit (todays sunday times) I see AAR's -

5Mt @ 7.0 % Zn
0.7 % Pb
>20.0% Ag

Appears at least the equivalent of TNG's -

10MT @ 3.0 % Zn
0.7 % Pb
5.5% Ag

Obviously haven't accounted for AAR's 1.0% copper nor other assets (either way).
Main item of interest was TNG's recent run and 130Mil MC compared to AAR's 60Mil MC.
I've got a 20c target on AAR whereas the above alludes to 25C

Any TNG holders able to fill me in?????
As mentioned just a quick scan after the footy with a few under the belt

I held TNG for a while but took profits a while back and have continued to hold AAR the reasons outlined above being one of them. AAR has a JORC indicated resource that is significant and in advanced pre-feasability. TNG on the other hand is likely to significantly expand their resource with followup drilling, and also if their MVT theory proves correct, find repetitions of similar stuff. Its also a shallow easily open pit mined resource *if* they get approval to mine it one day (my understanding is that a historical aspect of the exploration lease is that it at some stage was a sensitive site from a native title perspective, not sure if that could prove an issue down the track.) Not sure about infrastructure, transport issues in that area, haven't researched it.

Arguably AAR could also find repeating lenses for the VMS style zinc deposits at koongie park alongside the existing Onedin and Sandiego deposits (there are already other known deposits on the lease that have had good zinc intersects).

I believe AAR is closer to the possibility of mining than TNG because they are already in advanced pre-feasability and metallurgical testing. TNG on the other hand has a potentially more economically mineable resource if they get towards that stage.

Also worth noting that AAR is currently generating its own cashflow from a small but profitable gold mining operation at Mandilla which is reducing or eliminating the need to raise capital by issuing more shares - this is a significant factor in the period between exploration and development. (The Mandilla operation also has potential to expand if current exploration finds more gold).

 

[Bluesky]

Good work Ang.
Its not going to influence the price by ramping about it. (not much anyway)

I dont have a clue what they would be looking for in NT but still its good news for AAR and shows they are not messing about.

Mr Pilmer is also involved with the Red Centre Uranium Limited IPO, which still hasnt listed yet.

Wondering if that has anything to do with the land in NT. JV, Spinoff or something.

 

[Ang]

I have just done my scans and they have confirmed the 16.5 cent target that we were estimating on previous threads. A Daily Darvas formation is another patern that has emerged out of this stock, which shows a break of 13.5 cents should see a 16.5cent target plus. The good thing about darvas boxes is that you can have more than one box forming and therefore there are periods of accumulation. For instance if this breaks 13.5 cents a buy will trger off with a stop loss at 10 cents. As long as the 10 cents isn;t breached then it is a continued hold and possible accumulation if it forms another box. If the 10 cent isn;t breached this week or the 13.5 cent hasn't broken out, then it will form a weekly Darvas box as that would be 4 weeks it has been between 10 cents and 13.5 cents. Nicolas Darvas would have loved this stock even though he was mainly into Blue chip Tech stocks.
Now Mr Buy Sell, All of this did not come from the director, it is all about technical trading.
Good call Blue Sky making that link by directors, do i need to check??
Kind reg
Ang

 

[Bluesky]

Hehe, no need to check mate. This sexy company doesnt need any ramping up. Oops did i just ramp it.

Hope it doesnt go up too soon as i need to make some funds available in the next week or so. Your holding a fair bit Ang, would be nice to have that much.

 

[aaronphetamine]

I love this Darvas Box analysis, I think Ill have to spend some time reading up and learning about it

and ang, thanks for posting your dealings with the managing director of AAR.

Honestly, I was a litte sad to see AAR down today, In my mind I wa so sure it would reach 13c today.. But all in good time, yeah ?

I'm also a little peeved becuase I had planned on buying into DIO today, but my internet stopped working last night crappy TPG net.. and I wasnt able to up my buy order from 10c to 10.5 and so i missed the ride to 12.5 oh well.. theres no reason to bring this happy thread down ! haha.

It seems like AAR is skimming its new support line of 11-11.5c.

 

[Ang]

I love this Darvas Box analysis, I think Ill have to spend some time reading up and learning about it

and ang, thanks for posting your dealings with the managing director of AAR.

Honestly, I was a litte sad to see AAR down today, In my mind I wa so sure it would reach 13c today.. But all in good time, yeah ?

I'm also a little peeved becuase I had planned on buying into DIO today, but my internet stopped working last night crappy TPG net.. and I wasnt able to up my buy order from 10c to 10.5 and so i missed the ride to 12.5 oh well.. theres no reason to bring this happy thread down ! haha.

It seems like AAR is skimming its new support line of 11-11.5c.

Yes defenetly showing support at 11 cents, i though it migh even go to 10.5 cents and may still do that before it's next move up. the whole market was down today due to wall street and the resurse sector. Not sure why gold stocks like this were affected as gold went slightly up. Anyway confident this baby is heading in the right direction
kind regards
Angelo

 

[aaronphetamine]

Just thought I'd post a straight forward graph for AAR - ive been in the mood to make graphs tonight haha.

It is just showing support and resistance lines and also it doesnt include todays day of trading, but it still lies with in the range, so its all good !

And yes, there is alot of support around 11c. Ive get the morning off work so we will see how it all pans out tomorrow morning.

Aaron.

 

[Ang]

Just thought I'd post a straight forward graph for AAR - ive been in the mood to make graphs tonight haha.

It is just showing support and resistance lines and also it doesnt include todays day of trading, but it still lies with in the range, so its all good !

And yes, there is alot of support around 11c. Ive get the morning off work so we will see how it all pans out tomorrow morning.

Aaron.

Hope your still hanging in there Aaron, as long as it doesn't go below 10 cents and at this stage it looks like a support of about 10.5 cents like the attached graph. Might be a chance to buy cheap, even though some one made the close 10.5 cents as there were only 10,000 shares traded at todays close of 10.5 cents and that was done in the last 10 minutes
Kind regards
Ang

 

[drillinto]

Just thought I'd post a straight forward graph for AAR - ive been in the mood to make graphs tonight haha.

It is just showing support and resistance lines and also it doesnt include todays day of trading, but it still lies with in the range, so its all good !

And yes, there is alot of support around 11c. Ive get the morning off work so we will see how it all pans out tomorrow morning.

Aaron.

Notwithstanding your best encouragement AAR keeps going South

Is AAR the real thing or just a DUD ?

 

[UPKA]

Notwithstanding your best encouragement AAR keeps going South

Is AAR the real thing or just a DUD ?

Keeps going south? u obviously havent been following this stock, it has jumped from 6c to 11c in few mths, its certainly no dud! js holding on the next ann, which will push this baby further.

 

[Ang]

Notwithstanding your best encouragement AAR keeps going South

Is AAR the real thing or just a DUD ?

A Dud ?? Well you show me a small cap mining stock that is making money (over $12M pa) and uses that money to do more exploring, which eleviates the company continuing to raise money, dialuting the share price. AAR is just going through it's weekily cycle ready for it's next move up. The stock market is in general is on a downward trend, unless there are stocks with good news that has been announced. That is all that is missing with this one is an announcment to make it's new high.
kind reg
ang

 

[jtb]

Try turning the chart around the right way mate as she looks the goods to me If everything went up this quick I'd be happy man

 

[jtb]

Boy its a warzone today- mega off screen activity.
After watching the funny buggers carry on with CVN and NWE at these levels I'm sure this will be worth the admission