ARD argent minerals limited

Ann: Diamond Drilling Results in Major Breakthrough at Kempfield-ARD.AX, page-18

  1. 1,356 Posts.
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    Explorers are speculative and always come with risk.. However we do have a pretty good resourse already...which I believe is priced in,(but cheap) a fesiability study was done a few years ago (before the PM bear market set in) it was pretty good, very lucrative if Silver price stayed up.

    Since then the deposit has been unfolding, a new lease has been aquired, west Wylong has been researched to the point of drilling campaign starting soon. The potential for pine ridge, trunky, sunny cover... and the yet to be identified feeder at kempfeild... They are all speculative at this stage and are yet to be proven... However historical, geological and our own drilling campaigns supports the potential.. They have the breakthrough info now that will help them in the next drilling campaign... There is risk (like everything) but IMO it is manageable in comparison to the reward regarding the potential listed above.. I'm still accumulating as I can afford it, however I've hedged my bets with several other producers and explorers to minimise the risk further.. I hope my blog is encouraging for holders, it's as honest and balanced a veiw as I could write.
    Last edited by LibertyS: 11/10/16
 
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