ARI 0.00% 2.2¢ arika resources limited

Ann: Admiral Bay Project to Seek Listing on TSX-V, page-53

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  1. 3,626 Posts.
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    It’s a tough market to be holding anything with any real LT conviction at the moment. There’s a few I’m holding out for but I’m remaining cautious as the market appears to be using any excuse to sell off.

    AB has proven to be too big for this minnow so listing elsewhere is probably best. Sure it can also be construed by some as a failure, but some value obtained is better than none, as far as shareholders are concerned anyway.

    Let’s see what the upcoming drilling may bring. There doesn’t appear to be too much hype built in at the moment, but we sit at an awkward MC imo. One of those MC’s where some will say overvalued, and some will say undervalued.

    Anyways, time reveals all.
 
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