AMD 0.00% 0.2¢ arrow minerals ltd

Ann: Drilling Extends Dassa Gold System at Vranso Project, page-3

  1. 347 Posts.
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    Rtonna, yes not good news that it is headed to $0.003, and I feel $0.002 is not to far away. I suggest this is a combination of very low grade gold results,, normally it needs to be at least 6 grams or more per ton on mass volume to be viable and as they only have about 6 months of cash left they will need to fund raise soon which will likely be at a big discount to the current SP. I think the SP fall is based on poor fundamental's and not Ukraine.
 
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