Amigos, a simple chart copied from the Hot Copper site, shows a healthy turnaround that was probably triggered by the announcement. The rocks from ARR's new area (near to Montain Pass), have high-grade rare earth (plus thorium). Just finding these types of rocks, means that the system is mineralised with rare earths - now the geologists have to follow their noses and find out the extent of the mineralisation. It gives ARR another string to its bow. The cash flow it will receive in the next few years will allow ARR to carry out exploration of its three rare earth areas in USA, plus metallurgical testing of La Paz, and complete the scoping study for La Paz before then end of 2021. All of this progress is going to happen without shareholder dilution! The market cap today is about $30 million, and we are waiting on the assays for the deep drilling at La Paz. IMO it is an amazing situation and, as I've said before, it makes this company truly unique.
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11 | 100156 | 0.270 |
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Price($) | Vol. | No. |
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0.300 | 558154 | 11 |
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