Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I did hear some whispers but let me check more from my contacts and get back to you all. One bite of news that is worh to mention is that there is a AYSI represantative on site here tring to solve the hang up problems.
The word is that they bought two dump trucks with rubber covered trays and one is out of action allready they had to empty it out by had 3/4 full the other day.
Just think once AYSI has proven to them here that the product works and is geranted there is no stopping it the whole CVRD group will use it for sure.
Thanks for the explanation what OT stands for in Mongolia sorry Dave for not getting back sooner.
I worked on that project for two years and know it so well the first shaft in done and the second one is started now just waiting for the green light from the Government.
AYSI had their leg in the door to supply the wear plate once it starts operations again
Dave,
I know that he was looking for mining leases which don’t cost that much. I had a few with a friend but we sold them to a Canadian company.
The other great news is things are moving in OT Mongolia the Ivanhoe mine so we should hear the big announcement soon that the Government has given mining companies the green light, it looks like Oct.
This makes the Mongolian JV a bonanza
Not that far away now should be end of Sep is my tip. I hear that Gene is overseas again looking at a Chromium mine which they use a lot of in making the plate this would cut costs again as the stuff from Finland is not cheap and prices are tipped to rise again.
This could be a very smart move for the future any thought guy’s on the 4 Qtr. Stock is holding
I am doing the same just going to follow the signs as I see them. Good results for the year and lots of good news for 2009 we have the Mongolian JV the new mill new things in Canada, South Africa, China, and am sure there are other countries that AYSI is visiting.
I jumped out before as littlefish knows but this time I see things differently and there is lot's more interest from others that is making this stock very attractive to buy now and wait and am prepared to do that. Little fish stick to your guns man and you want be sorry. Good buying time some of you were buying at 2.30
I am just frustrated that this stock gets so stuffed about after doing every thing right. I know that the last Q was poor but the entire inventory has gone like it or not the company has to have inventory in stock for its clients.
What would happen if RTZ called up and wanted $X of wear plate sorry we don’t have it, that would not go down very good.
We are on track for a good year the company has done everything right and will do more to keep the shareholders informed by PR. The second mill is going to be a bonus all round this will turn things around in production so much that it will surprise many
I just can’t understand the price at these levels the company and its management is first class but the market treats it as bad door outfit. I wish I only had more capital to buy a few more.
What are your thoughts on all this? Is some one shorting the stock or MM playing silly buggers? With timely PR good results good news I can see institutions investing in the stock then we may not have a window of opportunity to buy in at these prices.
For those that don't have much stock now is your big chance to buy and wait for things to develop with good revenues
I also hear from the South Africans working hear at Inco that AYSI is making new in roads into South African mining market you are right Gene has lot's more traveling to do we can look to a great 2009 with very positive progress and bigger world market share.
I am trying hard to get AYSI into Inco here and it's almost done.
Buddy we had a good turnaround after that mad sell off I was so lucky to have the doors open with an opportunity to buy at $1.50/1.65 I can comfortable say that we are on track for a good year from my prospective and there should be more good news coming from the Mongolian JV and the second mill that is going to boost the out put something unthinkable and they sure need it as orders just keep coming it.
Good to be part of this group I enjoy reading all your posts all of you have a good solid business outlook when we hi $5 be good have a get together and celebrate, we have a good future to look forward to
David would it be good business to go to the market and do a small PP for 20k giving the stock more liquidity. With the funds things could be moved forward to take advantages of the opportunities that present themselves on the market.
I would also like to see new blood on the board with more knowledge of the markets and contacts in the mining industry. Gene and Alan are too busy to give time to shareholders issues and hence were we fall down in this area.
Thanks guys I was able to get my 100,000 for 150,000 not bad shopping spree and will hold onto these till we hit the big $$$$ I have been working on the issues that you have raised about PR with management and may have finally got through that with investors shareholders as you are in full support of the company and the management you need to be kept informed more and the market will responded in a positive way.
Had the been a PR with the Q10 explaining issues that were contributing factor to the poor performance the stock would of had a less drastic fall to say 2.10
Fundamentally the course is being set for big expansion this was a hitch in the system that could have been avoided and spared us all lot of anxiety.
I haven't called the office as I know they are busy with the Mongolian JV and Freeport discussions once the dust settles down am sure we will hear from Alan
I am recommending the stock to all the mates at Inco that it's the best race pick of all times. Have a good week end and thanks to you all for holding the stock together and not just dumping it because Gene works hard for the shareholders littlefish you can vouch for that, in the early days he could have sold us out but took it on the chin the good with the bad. I heard that he has been asked to do a presentation to the Engineering faculty in Ulaanbaatar University Mongolia already the word is out there of his outstanding engineering foresight
Cheers
Good move the way to go Gene is in Indonesia may be talking with Freeport
Mike and other members it's 3.05 in New Caledonia I spent 30 minutes reading your posts very interesting and I have given my broker instructions to buy and keep on buying at these levels.
I personally see this as a great opportunity to by this a these prices as I have been on the side lines waiting. I tried calling one of mates in Perth to get the latest but no luck will try again in the morning.
Second mill is great
Mongolia looking good
More overseas operations coming on line
AYSI is the preferred wear plate in Australia hand down by the big boys RTZ and BHP
Littlefish we have been through worse then this and lived to tell the story. I thank this board member for getting me back into the stock as I see a bright future for us all
I put my money were my mouth is and will continue to buy got 60,000 so far a long way to go yet
Thanks Guy
Thanks for the up date I am going to buy at this level as things are posative for the future
My broker just woke me up what the hell is going on ? Any reson for this sell off.
Yes that is true with such a low float and good news on Mongolia, the second mill and the earnings due out soon this stock should be rewarding us very soon.
I think some board members are not all that optimistic about the earnings, if down from last quarter I am not worried. I see positive growth for the stock as we move forward to operating of the second mill that will just surprise us all I am told. Gene is a workaholic and a brilliant engineer he will have a few surprises up his sleeve to make this a good solid stock at around $8.00
Trust me when I say that there is no wear plate on the market that comes even close to Alloy Steel. In Australian mining projects 90% is AYSI.
Good posts good news and the price takes a bloody big fall hard to read the market who was selling?Littlefish which MM were selling can you tell from your level 2 I looked at the trading volumes for the last 6 months interesting how we had a big broker in buying big.May wait till after the 10K and then buy on the companies new direction and the new mill
Cheers
Hi Dave great post and some outstanding research I enjoyed reading it not sure why the stock is down are MM friends playing game again. Did we truly trade 93,000 shares? I just wonder if that is correct.
I like to buy more stock as I got out last year Little Fish knows all about that. Let’s see what next week bring before I buy more, looks as it wants to go back to $2.00.
What we need is news on the new mill it must be close to running by now...
Congratulations Esaum well done I will ask Gene what brilliant suggestions that you put forward in moving things forward.
Just moving to another exchange would make a difference I and other board members support this because it will bring in institutional buyers and large investors which will benefit the company and us as shareholders.
I was a very large shareholder but got P off with the constant short selling and reduced my holding. Have been buying back in as the stock is under valued in my humble opinion for a few reasons one being its on the wrong board OTC but hopefully we may see it on the AMEX next year I support your young intelegent advice
Stay with Uncle Gene and you want regret the choice, you have a great group of guys here that support each other well. Had we had the same group on the old board I would be rich now but that's life I am looking to the future the second mill is fantastic,I am told by a friend and at the same time he said that Gene is a Mechanical Genus how much is that worth in $$ to a small float company
Welcome to the board and a smart investment
Littlefish you should that's a good one
Cheers
I have a chest full of Southern Arc Minerals stock that I helped get of the ground in Indonesia they have taken a fall but am sure that with the COW in our hands and good drill results the stock will bounce back.
I am hoping that with the positive production and market share AYSI can maintain the price at these levels and take the opportunity to move to a better exchange.
So true I am hoping that it's soon I hate OTC and the MM
Hi Cleverrox thank you buddy. I admire the post that you guy's write am not in that league but will help were I can. After 6 years as an investor and living in Perth I can do things for the group to keep us one step a head. I have a great passion for the man behind AYSI as I do for the company that's why I get so mad when I see the MM playing games with the stock I have asked for my certificates. I want them in my hand the last post on borrowing our shares was excellent.
I am not in Perth now but here good news on the second mill and am sure that there will be more built. AYSI is going to give US a great retiring nest egg and little fish the $5 is not that far away so see you soon buddy.
The beer is cold ………………………….. Cheers
Sorry mate Script / share certificates
I did hear something to that possibility in that area or not too far from it, keep your fingers crossed for a great ride
Thanks mate hope that all fathers had a good day in Australia it’s celebrated in September so some time to go till we get presents. I am enjoying the postings and the resent positive appreciation in the stock which is good for us all I see no reason why this should not continue as institutional investors come on board and they will once we have a change of address and move into a better residential trading district.
I do hear that the second mill is outstanding it is going to be a great asset to AYSI and a it's shareholders the future is bright and am sure reading the body language that we all are in for a big treat down the line as things develop and things expand.
The Mongolian JV is going to surprise us all my DD is telling me that China Mongolia Russia and others will be using Alloy Steel by next year.
The next PR has to be done by Newswires services to give a larger exposure to the company and stock.
On the last note if you are contemplating to buy the stock? Buy tomorrow and to the longs that are going to stick with Gene and want see this stock at $4 next week ask your broker to get you the scripted. It's not going to be easy as I ma having some trouble boys, which indicates to me that there is lot of stock out there that is not covered, time to make some one pay and pay with real money. I am recommending to Inco management to use Alloy Steel at its new plant at Goro Nickel.
Cheers
Sorry I pressed the button my mistake as I was saying we are happy with the news. I agree that the news should of come out as a press release to get the imputes to the market.
Little fish we have a great board and am happy to contribute to the group in my little way. I think that the JV will be the gateway to Russia and China just wait and give it time there is a second trip planed for even bigger things.
I want to buy more but am over my head in SA once they move I am loading up. The usage of the wear plate is growing at a very fast rate and Gene is looking at several different things to make sure he has AYSI in every mine round the world.
Next? LF you can retire soon - well done - waiting for you Perth or Bali and enjoy life
Cheers
Good Morning to you all looks as you all are plesaes with the news as I
Little fish you will have a great time I promise lots to see and do in WA. Seeing the AYSI operations in action will turn your head I was very impressed am happy to see the stock having some recognition for all the hard work the team has done and the many miles that Gene has traveled all over the world educating and explaining the advantages of using Alloy Steel from other cheaper products on the market and inventing their own fancy wear systems that cost them more on the end.
It is true that Gene spends a lot of time educating mining executives as to the parameters associated with flow and drag on equipment. This good advice has been received well by manager that are keen to learn something new and at the same time improve performance and efficiency at work, this kind of PR work will return positive rewards.
I am positive like you all are on AYSI and with what I have read on this board just gives me more power and trust that we have a great product, a good company managed by a very smart inventor that has great vision and now coming to grips how to create value for good shareholders.
The only negative issues and we have touched base on is PR and being listed were we are.
Good week end to all
I enjoyed reading your post to day. I fully agree that the stock has a great potential especially once we get the news out to the public and keep the shareholders informed about the company and its future plans. I would like to get a group of board members to Perth Australia to do a tour of the plant and visit some of the mines that use the wear plate.I am sure that Gene would love to do a presentation on the wear plate history and the potential that is virtually untapped. Later we enjoy Fremantle were we won the Americas Cup and other attractions of Western Australia
I am new to this board and you guy's do a great with your posts and support, little fish your hard work on this board has been outstanding I enjoy your the teams impute.
I am an old investor with AYSI and fully support all your positive views; Gene is a workaholic and a very dedicated to the company and shareholders.
What drove me out of following AYSI were the market makers and their manipulation of the stock and market. I am bitter what they did to the stock I pray for the day we can get of the OTC and list on a respectable market were we get respect and a fair go. I hope that the shorts get caught with their pants down.
I fill better getting all that of my chest and look forward to working with you all in promoting AYSI to other investors and securing a positive rewards for the future for ourselves