OTCPK:ASLRF - Post by User
Comment by
paulindoonon Oct 05, 2010 10:31am
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Post# 17529328
RE: Concentrate
RE: ConcentrateJW has stated that once milling contract was in place then it would take 2 weeks for production to start. I suppose that production could mean that ore was mined, accumulated and maybe even delivered to our rented mill.
So with that assertion in mind, how does one explain yesterday's, albeit minor, selling prior to the "official" Production NR which lowered the SP a bit? Could it be that some do not think the start of production is just around the corner or could it be that a literal translation of "2 weeks" meant to those sellers that there is a problem?
I for one, keep reflecting that it is Mexico that our mine is located in and events/timetables seems to move there at a slower pace than in the rest of Can/UK.
Ag is setting higher high on a continuous basis thanks in part, to fiat money notably US$. I am hanging in for this (exhilirating) ride and will stay in AGQ until some mid tier makes a run at us. Tha will be when the most profit comes about. Sunjammer has posted his "estimate" of that time frame to be about 2 yrs - at which time if our resourses prove up; AGQ could be trading @ CDN$2. I have no reason to diagree with him. But everyone must do their own DD & reach their own conclussions.