...should also add that ARX only have around 340 million on issue with 60% inside the top 20, thats not as good as ROL which have 52 million, but ARX hold 95% of their tenements.. but compared with the enormous amount of shares on issue from other Gold explores like EXM, RAU and perhaps include FML with them.. makes ARX a lot more attractive as a investment for a Gold explorer... ARX are fully funded for the Gold drilling...
Plus ARX have a free carry allaince with the mining gaint Anglo American in West Papua... which alone could be huge in 2010 ..