OTCPK:ASLRF - Post by User
Post by
vijay99on Jun 01, 2011 8:59pm
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Post# 18659566
Howe 2009 resource report and musings
Howe 2009 resource report and musings
Just had a thorough read of the Howe 2009 resource report, some interesting points.
The report cites the southern veins below the western part of the concession as a promising target and the eastern portion of the vein as promising as well. Funny, that's where Arian is targeting it's phase 4 drilling.
One question, Arian's ramp focusing on has a reach of 3km, has there been any information on the conceptual cost to extend this to 15km, the entire strike length of the SJ vein? From my understanding the vein structure is fairly consistent and it would be good info to have if you are playing an eventual takeover.
Arian is getting to my target of .40 cents a share, $2.00 per ounce, difficult to get it there for long due to the much anticipated upgrade.
Shareholder meeting next week, I hope Sunjammer can brief us on the events....