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cl001

08/15/06 8:09 AM

#51569 RE: kipp440 #51567

ARSD:
I was hoping the company gets an established international mining company as the partner. But maybe their terms were not as good. I like the fact that ARSD put down nothing and gets 50% of the future upside.
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cl001

08/15/06 11:13 AM

#51606 RE: kipp440 #51567

ARSD:
Up 10% on huge volume. Now we just need a newsletter recommendation to send its shares flying, I can help them to write this.
1. ARSD earned 11.6 c this quarter, and 23.5 c for the first 6 months. PE of 4.
2. ARSD has a tiny market cap about 40 M. It holds a huge mine in Saudi Arabia and many mining claims in NV. Its mining operation worth at least 100 M at the current market.
3. A mining company can easily buy ARSD for 100M, sell its petro chemical plant and get its mines for a great bargain.