Im portfolio is down over 17% ATM. A nice 5 figure red on my screen. BUT i believe PM stocks will outperform once QE3 is announced sometime H2 2012. I think PM stocks will bottom in July. Euro will not fall apart just yet - they will print shirt loads of cash first. They will do everything in their power to keep the boat from sinking.
Back to ARD and why i like it.
I own a large stake in CCU.
I believe on the next leg up - Silver stocks will outperform Gold stocks as whole basis. But Silver stocks are very few unlike the 1 million goldies on the ASX. each with there own promises.
Like Graphite or REE - There is only a handful to run too. SO ARD will benefit from large spec money once silver moves again.
Silver stocks - ARD/CCU/AYN/IVR/SVL they are the PURE plays.
CCU being my quality pick and my punt will be on ARD.
P.S Look at graphite stocks since december this yr. They went up 300+% REE in 2010 went up also 300+%
Once these bottom they should do the same.
Just my opinion..
ARD Price at posting:
8.1¢ Sentiment: LT Buy Disclosure: Not Held
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