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Originally posted by LibertyS
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After re-reading the announcement, it seems that it's not so much the grades that were uncovered in the drill, but the significant information the results gave to the overall deposit... There appears to be strong optimism from the company that they have enougth info to declare a breakthrough... I would imagine the next drilling campaign will be honing in on the break through information... The Geo leading the drill program is one of the best in Australia...and has found millions ounces for other companies (we are very lucky to have him) if he is excited about the kempfeild deposit.... So am I, the next few months are going to be a game changer for ARD I'm expecting the SP will be up significantly on the announcement of the next drill campaign. IMO
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thats how i read it too Liberty, and explains why the smart money seems to be accumulating ARD
(20min delay)