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ARN, ALDORO RESOURCES
nipper
post Posted: Apr 29 2021, 09:02 PM
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In Reply To: nipper's post @ Apr 1 2021, 02:30 PM

and over 40c of late. the last 4 weeks has seen it double, from 20c



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Apr 1 2021, 02:30 PM
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• Internationally renowned geologist Dr Minlu Fu joins Aldoro team as technical advisor for the Narndee Nickel-PGE Project.
• Advisory agreement executed with Hong Kong Ausino Investment Limited, an entity controlled by Dr Minlu Fu for the provision of equipment and services to Aldoro.
• Dr Minlu Fu and associates commit to $2 million placement in Aldoro along with Aldoro Directors. (@ 20c a share)
• Cash reserves bolstered to ~$4.2 million

and the predictive text may get them into trouble
QUOTE
PLACEMENT

Contemptuous to entering into the consulting agreement with Hong Kong Ausino Investment Limited and Dr Minlu Fu, Aldoro has agreed to conduct a placement of 10 million shares priced at $0.20 to Dr Fu and his associates which will raise $2 million
try contemporaneously ?




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
triage
post Posted: Jan 13 2021, 04:34 PM
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In Reply To: mullokintyre's post @ Jan 13 2021, 04:16 PM

Good one, Mick. I came for the gold but have decided to hang around for the u-beautness of what is on offer. It is not as if any of the other goldies I track have been gong crazy so there is not much opportunity cost involved.



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"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 
mullokintyre
post Posted: Jan 13 2021, 04:16 PM
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In Reply To: rozz's post @ Jan 13 2021, 03:14 PM

No one ever went broke taking a profit.
Yes, I am sure I have missed out on some windfalls, and this stock may well be another one.
But I have also avoided some big duds.
I have always taken the view that if I am in a profit of 15% or more, I sell half and hopefully sell the other half when profit reaches 30% or sometimes more if I am feeling good about a stock.
The fact that a drilling campaign is in the offing is no guarantee of further profit, as I have found out many times. (see recent GAL postings for Instance).
And in this particular stock, there are some question marks about management's motives and there are plenty of spivs and charlatans about.
Mick



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sent from my Olivetti Typewriter.
 
rozz
post Posted: Jan 13 2021, 03:14 PM
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In Reply To: mullokintyre's post @ Jan 13 2021, 01:03 PM

Strange you would sell prior to a drilling campaign.
Very low market cap for the potential.

 
mullokintyre
post Posted: Jan 13 2021, 01:03 PM
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Up 11% today.
Sold the other half, I'm out.
Mick



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sent from my Olivetti Typewriter.
 


triage
post Posted: Dec 1 2020, 05:22 PM
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Looks like Aldoro has been shanghaied, the chairman and MD who were active in working their tenements have been dumped in a palace coup. I don't know the parties that have taken over control of the company but some on hc are suggesting they might be spivs. As I say I do not know. But when in doubt when it comes to WA mining stocks assume the worst. Tis a shame but such is life.



--------------------
"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 
mullokintyre
post Posted: Nov 18 2020, 02:47 PM
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In Reply To: mullokintyre's post @ Nov 9 2020, 12:07 PM

Up to 0.155 today. Up nearly 30% in a little over a week.
As is my normal policy, sold half today and keep the rest.
Mick



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sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Nov 9 2020, 12:07 PM
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In Reply To: triage's post @ Oct 29 2020, 10:06 PM

Bought back in today at 12.
It owes me nothin, so may as well try for another slice.
Mick



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sent from my Olivetti Typewriter.
 
triage
post Posted: Oct 29 2020, 10:06 PM
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In Reply To: mullokintyre's post @ Oct 29 2020, 04:22 PM

Yeah Mick, it came from left field with an expansive bit of writing about something other than shear zones with the promise of gold. I have no understanding of the implications of what was described in the announcement today.

I think there are only about 66 million ARN shares issued so that today was some serious churn. Some on hc are dreaming blue sky by comparing ARN to a stock that went from 1 cent to 25 cents or another one that went from a few cents a pop to $5. My experience is that even ten baggers are like blue moons so I will believe it when it happens.

Anyway I'm here for the Younanmi gold prospects so I'm happy to sit on the sidelines and watch the entertainment.

Tomorrow Ramelius should release the results of its feasibility study on its Penny project which is only a couple of hundred metres away from Aldoro's Penny South tenement. They've done a fair bit of drilling at Penny and hopefully they will release some impressive assay results tomorrow.



--------------------
"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 
 


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