.. why oh why ARC is spending money in Australia on small deposits !! … don't forget this from the ARC Web-site on just 'one' of ARC's Papua leases with Anglo …
'Early drilling produced significant gold intercepts including 32m at 4.2 g/t gold and 55 m at 2.1 g/t gold.'
That's just a taste of what ARC 'have' in Papua, Grasberg country !! … yes it's hard country with risk etc … but better than JV's on AUS !! hope ARC are still looking at more Indonesian/Papua leases … Trenngalek in Indonesia will again be exciting when it happens and that looks like the only thing that may move the SP up in 2013 and it may move it a lot !! Pray !!
Go the ARC !!
DYOR …
The giant Gresberg Gold mine … not in Eastern Australia !!
Ann: New Australian Gold Project , page-9
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2.9¢ |
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Mkt cap ! $44.25M | |||
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| CYM (ASX) Chart |