… ARC moving ahead with Treggalek, though Anglo American may end up with most of any significant find … compared to if ARC had drilled as previous … how will this reflect in the share price …. who knows … but having alliances with a major is fantastic imo … % of a high grade mine ……. nice !!
… the vast West Papua alliance with Anglo American has potential of discovering the next giant mine as the enormous Grasberg mine across the mountains …
….."Early drilling produced significant gold intercepts including 32m at 4.2 g/t gold and 55 m at 2.1 g/t gold." …. from the ARC website on West Papua alliance with Anglo American.
the old saying of 'never ruin a good story by drilling it' may not apply here :)
..…. Potential in both Indonesian projects .. Anglo American maybe thinking the same !!!
… still under a billion on issue … (some more Indonesian projects would be nice) …. maybe a risky 2014 ahead for us ARX'ers …..
Go the ARC !!!
Only my views …. DYOR.
ARX Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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