AHR 0.00% 1.3¢ anchor resources limited

takeover, page-31

  1. 1,385 Posts.
    darryle,

    Currently AHR is an exploration company.
    The Two Major shareholders & Directors are very competent Geologists.

    One could suggest the first step is to prove up the resource which the Scoping study will set the objectives etc. ($1.5 Mill SPP will give AHR the money to do targeted drilling and hopefully lift the resource another 60%)

    Clearly AHR has to decide.
    A. Do we sell the company? (Under Negotiations)
    B. Do we spinoff the Antimony deposit?
    C. Do we continue discussions with a cornerstone investor intern mine development? (Per the takeover letter been discussed)
    D. AHR is an illiquid stock with loyal shareholders holding and 56% in the top 20 for 3 years.

    Clearly the directors have the facts. But as AHR core expertise is exploration maybe its time to sell and move on.

    But $$$$$$

    Just my thoughts.
 
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