timbin4
Those who understand the last announcement, REALLY LIKE IT!
It put's ARD in a unique position, to leverage this company going forward on ANY rise in Silver, Zinc and Gold! IMHO..
At 1.9c there is not to many shareholders of ARD in the green, I would say??
I am certainly not, my average is around 2.3c ish...
I bought more yesterday at 1.9c, I sold some shares I had in MOY to do so
I rate it highly also, but could not resist ARD at these prices
The currant dip has little to do with management and whole lot to do with the currant PM price dive and geopolitics surrounding this sector as a whole?
When we get more news, possibly a revised 3d model, the potential for a resource upgrade is very likely in the next 12-18 months, if not sooner.
But without a corresponding rise in PM's, that I am sure you expect as much as I do, we will remain undervalued, until they do rise.
That is the gamble we are all taking in this sector.
It is a bit rich to come down hard on management every time the Silver price crashes, as some do on this thread?
The hardest thing to do is remain positive during a run like this.
The main thing I find helps, is going over my research, looking back at historical records and talking to smart people.
History doesn't repeat it rhymes, as they say.
Cycles repeat and complete and repeat, just as the sun follows the moon.
If it were easy, everyone would be doing it.
It aint but were still here.
A lot of people talk about 7 year cycles?
Well Silver last peaked in 2011
So add 7 years 2018, is when it should peak again if you believe in that stuff??
I am certainly hoping for sooner.
We shall see.
Good Luck to all!
ARD Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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