hobo-jo. The point is not which other silver stock, I do not know why people make that unthoughtful comment. Cash is important soi that one can move it anywhere.If the music stops on this one than one could be facing loss or an opportunity loss.
To Raise capital for production of say $100 million capital for plant etc there will be massive dilution to the share price and The current market capitalisation has no reflection of what it will be before or at the start of production.If they want more money near term then any share issues may be made at higher prices with sadness coming to buyers if the price is pumped up and subsequently the baloon is pricked and the share price fallsWhy invest now when the price has increased and there are so many risks. Also in 2 years time what will be the silver price, I do not know that so one could be better served with a Silver futures contract with massive leverage rather than this share. There is no dividend so the only way out is via the share price.
ARD Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)