Am really pleased to be set for ARV rerate....a sleeper imo. Glad it hasnt been a 'firecracker'stock with the sp getting ahead of itself.Firecracker stocks are for trading, not investing imo. I traded a portion of ARV to my detriment, but lesson learnt. The recent substancial holder anns confirm accumilation. There hasnt been any dumping , volume has been mediocre during the day. Actually, in the first hour of trading shares are taken out to increase the sp by around 3%, which encouraged others to buy on the momentum taking the sp higher ( 6%). Then the gradual decline( sometimes lasting 2-3 days) and then the big volume swoop on close. Would be interesting to see this activity on the charts. Ill ask Rob7 next week to kindly include ARV on one of his video's . Yet it seems so obvious were gaining strength.
Reading the Rights Issue Prospectus and the history of Mt Clemment was valuable and good explanations for the layperson..Of interest to me is the following; "Recent work in 2010 on site also included the prliminary determination of specific gravity for several rock types, As a result of SG testing, Artemis has concluded that historical SG calculations are likely to have underestimated tonnage."...(ie the density).
As for REE's, have read that it will only take a few mines in production to meet world demand, however, I dont think countries like Japan, Germany etc will want to be held to ransome by China calling the shots for REE suply. Theres also a Dutchy on the board, LOL, which is good in my books. As for Shemesian, I hope he is a smart fellow !!
Good luck, Tennison.
ARV Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held
