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VXRallin

99 Posts.

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12/03/21

09:24

Post #: 51710064
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Originally posted by VXRallin: ↑

Argonaut Resources (ARE) is a great investment due to the upcoming drill campaign at Lake Torrens & the Murdie Project.

There have been several articles recently over the recent SA Government decision to allow ARE to drill at Lake Torrens and the Murdie Project.

I can appreciate and respect the opinions of others as to why they may not be happy with the SA government over the granting of the approval. It was also good to see that as part of the process to approve the drilling their opinions were taken into consideration.

Extract from Article: Transcontinental - Jan 11, 2021

Extract from Article: The Weekend Australian - Jan 16, 2021
As a shareholder of ARE, I am happy that ARE have put in place procedures and steps to protect and preserve the area during the drilling campaign.

Extract from ASX announcement: Argonaut Resources - Jan 4, 2021
Furthermore, ARE are offering royalties to any group where appropriate.

Extract from ASX announcement: Argonaut Resources - Jan 4, 2021
The question you are all thinking;

WILL THE DRILLING GO AHEAD?
100% it will go ahead, it is all approved, and the process is already underway!!

Extract from ASX announcement: Argonaut Resources - Jan 4, 2021

In fact, the SA Government awarded ARE funds to do the drilling.

Extract from Proactive Investor: Argonaut Resources receives $320,000 SA Government boost for drilling at Murdie Copper Project - June 24, 2020

The project has been several years in the making (20 years in fact), has the backing of the SA Government with all permits now in place and funding provided for the drilling. The last capital raise by ARE means we are fully funded for the program of works.

Kuyani woman Regina McKenzie, while saying that no consultation was done with her people, she believes there is ore at the proposed drilling site.

Extract from ABC North and West: SA Government approves drilling on sacred Lake Torrens, despite opposition from Aboriginal groups - Jan 5 2021

Keep in mind when reading any article posted by any media outlet, bad news sells newspapers, and fear and uncertainty is 'clickbait' online.

This is an outstanding project, right next to the biggest Copper mines in Australia. Olympic Dam, Prominent Hill, Carrapateena and BHP's recent Oak Dam discovery. I am sure due to the work done by professionals in this area that Lake Torrens, and the Murdie Project will be added to this list.

If you wish to fear anything, fear what is most likely. A big fish comes along and swallows up ARE as soon as they make their Copper strike. A little research on Prominent Hill will show you how that works in this highly successful Copper region. Just make sure you have a piece of ARE before the big fish comes along.

GLTA

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For all our ARE shareholders (or people thinking of jumping on the ARE ship), I recommend you take a look at the first post in this thread and it will provide you with all the relevant information to come up to speed on the project.

20 years in the making to get to this point, I am positive that good things will come from this long long wait to get to drill at Murdie.

Personally I am expecting to see Copper coming out of those drill holes, than sit back and enjoy the share price ride

ARE Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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