Certainly the company news is timed excellently with the macro dynamics in the precious metals market. Silver is on the verge in my opinion of a major break out upwards and we may well be close to a final break up of a sizeable amount of silver short positions. The level of control over the COMEX silver price is clearly under strain and the constant, utter constant demand for physical metal will be its undoing… If Silver really gets going it is going to be a shock to many as it will move up a lot and hard.
We are well placed here with this beauty that is for sure. If things turn ugly out there physical silver in hand and companies with precious metals in the ground are a great hedge to not survive but thrive.
Silver and Zinc are my two buys for the decades to come… and ARD is well set that is for sure.
JFI
ARD Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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