AHK 5.26% 18.0¢ ark mines limited

Ann: Boardroom Radio Interview , page-2

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  1. 2,755 Posts.
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    Could be wrong, but I have the feeling that those dumping last thing yesterday afternoon are going to be kicking themselves today.

    Bids on many junior mining stocks disappeared yesterday late afternoon causing large, unjustified falls in a quite a few.

    I suspect most thought Europe would blow up overnight with the bank downgrades, but it seems we will go on another day with Merkel & Sarkozy indicating Greece will be supported and suggestions China may buy European bonds.

    Still a bit of dilution to come here to purchase the project and raise capital to drill it, but capital structure will remain tight even after this.

    I bought at 29c yesterday. I don't think a return to the 40c mark seen a couple of days ago would be unreasonable.
 
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