ARU 4.40% 9.5¢ arafura resources limited

arafura a rare green on a black day asx

  1. 2,413 Posts.
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    People still buying this RARE STOCK on a bleak day the world over, let alone the ASX, but we are always lambs to slaughter. Arafura is and has been for a long time one of the best LONG TERM INVESTMENTS on the ASX. The resource upgrade is only the tip on the iceberg, much more resource available than shown, NOWHERE for the DUNNY folks.

    The Rights issue extended 1 week until 21/11/2008, capital very hard to raise, { except for the banks, wonder how IPL will go ???? } but we will survive.

    The market will turn, when is the 64 dollar question. Bring on production 2011, but 2010 would be nice. The BFS and definitive resource statement hopefully will be completed early 2009, then watch for Arafura to go places. No better time than now to pick up this great little stock.

    Time will tell. Always does.
 
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