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AAR - Astral Resources

One more question might be

Are the directors on the same money for the last 25 years?

If not, why not, the shareholders are!
Its very frustrating, like getting your granddad to build you a home, sure it will be perfect,but this decade would be nice
 
this is just getting hammered of late... I am running out of money to keep averaging my price out !! the directors were buying at higher levels than this .. I hoped they were buying with borrowings ! I would expect to see them buying more at 4c if they really feel positive or at least someone considering a take over if the ground is that good..
 
Thats ok im already out of money, just waiting now. Things are just starting to heat up with gold prices set to rocket for our little mandilla, copper and zinc for KP. News gotta be out soon, mandilla gold update is overdue.
 
Record lows today !! I thought gold was up a bit as well..
anyone no the storey here ?

I am tempted to buy more but below four cents where is the bottom ???
 
adobee,

i'm wondering the same. technically it's looking really bad. I'm losing confidence.

but what has been said: when everyone sells, it's time to buy. oh, well, i have no idea
 
hahaha.... i am with you chimp... my experience is if i am selling i should be buying !!! give me a bananana and some peanuts ...
 
hahahah. adobee, bananas are the foods for chimps. heheh. i'll hold on to it for a little longer. see how it goes in a couple of weeks time. keep fingers crossed. now i'm very very religious.
 
Record lows today !! I thought gold was up a bit as well..
anyone no the storey here ?

I am tempted to buy more but below four cents where is the bottom ???

AAR hit an even lower price today of 3.4 cents. What did I do? Bought more shares! Whether this was a good decision time will tell....actually also placed another order at 3.1 cents just in case SP drops further.

"Old Monkey" we haven't heard from you on this thread for over two weeks. In your last post you were planning to place a friendly phone call to Angus? How did that go? Any news for us?
 
It's all well people are lowering their cost base by buying on a drop. But it might be a falling knife. I wonder, if, AAR has as many wonderful potential as we'd like to believe, why, the management doesn't issue any announcements to keep the spirit up. look GBG, when the SP was hammered during opes prime crisis, the directors issued announcement again and again trying to convince investors of the future and the secured situation GBG was in.

But with AAR, the management just let the sp drop, i believe it's absolutely against the corporate governence principal.

so i have been led to believe that AAR has nothing to offer. the company has been proved to be in unreliable and indiligent hands.
 
No offense but the boys at AAR are asleep and this stock does nothing, Im glad I was out a long time ago.

Good riddance!

I only hope for the people still left in this that it does eventually go up and no by 0.01 incrementals either
 

Quite hard for me to say so, but your view is hard to disagree with at the moment chimp. Such an incredibly good story just wasting away. It is very disappointing to see this as it is.
 
Quite hard for me to say so, but your view is hard to disagree with at the moment chimp. Such an incredibly good story just wasting away. It is very disappointing to see this as it is.

Dear Hangsang

I have read your valuble notes on AAR and I believe personally it is a good stock. Unfortnately it does not get supported by Market for some reasons

I bought and sold it many times though I am not a trader, due to its volatility

I booked a heavy tread at 4 cents on Thursday and some one booked more than a million shares at same price, I did not get it on Thursday but for some reasons I changed the price from 4 cents to much lower value for Friday. I was astonished to see the AAR price dropped down to 3.5 cents and I just was short of a great paper loss learnt from my experience with GCR !!

Do you think this is the bottom for AAR ?

Does any one give any supporting chart or some sort of technical analysis ?
 
 
 
Actually, it's the opposite. It would be against good corporate governance principles if directors would attempt to 'ramp' the shareprice with hollow rhetoric. So if there is nothing new to report they shouldn't report anything.
I have no idea how you come to your conclusion that management would be unreliable. Maybe care to give an example where they promised something and didn't deliver.
 
I think this can be seen as a step to settle down the public a bit

11/07/2008 Change of Director`s Interest Notice

A C Pilmer - Direct aquisition 500k shares 08/07/08

Shares held now:

1) Direct - 3200000
2) Indirect - 12000000
 

I could answer that question as many could here who read each and every report since January 2007. Look at the reports around Jan/Feb 2007 and what was stated would occur (PFS test results) and then look at subsequent reports, you will find nothing referring back to that outcome. This was an oversight on my part but it is there as was pointed out to me recently.

Also look at the reports of a few months ago of what was supposed to occur in April, we are still waiting.

All I ask is they report on what they state will occur. In my opinion they have let us down on this key aspect. I will be looking for an improvement on this with factual information, not "rhetoric" as you indicate.

Thankfully they seemed to have moved on from the old 'cut'n'paste' reporting that used to occur so often.

I like the potential of this company, it is significant as I have stated many times. However these are a few minor holes that need to be rectified.
 
Hm, Hangseng, very importants points.

You have found the logical reason behind the big sell-off. People perhaps had realised the delay and inconsistency in the reports. Good foundamental discovery may i say.

cheers
 
Hey all,
Nice to see some green on AAR today! I was looking back over previous announcements to reassure myself last week and with zinc rebounding and copper still high it bodes well for AAR. Just hope we can see this PFS out sometime soon so heads (& money!) get turned back in this direction.
 
From the 6/6 announcement:

"Work on the pre-feasibility study continues with an initial report expected early in the September quarter."
 
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