Anglo Australian Resources is a gold/base metals exploration company with resource interests in Western Australia. The price has formed a bottom and has commenced moving up (switch to a monthly chart). It is expected to break the 0.115c barrier to a new high. Wait for the break & a retest of that level. Resistance is expected around 0.15c. Due to current world fears about the coronavirus & its impact on the market/gold, price action may be a bit more drastic. Be careful & manage your risk.
looks like its broken past 11.5c barrier! Having new management too could be a good thing to get things moving. I bought this stock about a year ago when i was working in a gold mine (GoldFields in Kambalda WA, AUS) just south of one of AAR's big discoveries. I had the senior Geologist go over AAR drilling results to confirm they were genuinely good! and she confirmed they are! She also knew a lot of the big shots on the AAR board of directors and said they are really good and know what they are doing. So perhaps now i can sit back and watch this stock rocket
Wiz_of_Oz
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@dingaling007 Thanks for the additional feedback which will benefit everyone who is interested in the stock. Appreciate it.