the penny is dropping, page-32

A great Australian gold speccie is ARX

* 150m shares on issue
* near term 70,000 oz per annum producer (commisioning q2/3 2009)and room for upgrade of resource.
* stockpilling started
* bonanza grade tenements on books
* Top20 holds 88%
* SP been smashed due to consolidation and current market volatitlity and previous technical issues
* about to hopefully sign farm-in
* only 22m shares on freefloat.

2c per share at present.