ARL 5.49% 48.0¢ ardea resources limited

Cluong....bought ESR on their retrace at 4.6c and sold yest at...

  1. 2,238 Posts.
    Cluong....bought ESR on their retrace at 4.6c and sold yest at 6.3c.....week or two later....

    But on ARL....seriously......what a sieve.....tripled in a week and had doubled in days before this news even broke....which is all based on 5 years ago data and appears dubious....alot of gaps to fill in.

    No way worth this value. I gave warning.... Alot of the pumpers will now become dumpers....Friday arvo.

    We could/should see this back below 50c by next week. Cobalt Grades at 0.005 to 0.01....are ordinary and true "Cobalt" JORC is unknown ?

    Alot of risk in this one.

    GG
 
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