I don't hold any options myself but I wouldn't discount the options/they might be a good punt for those with the higher risk/reward profiles.
ARD currently at 2c (on the bid) - will not take much at all to get the options into the money at 2.5c.
They are currently/about to start drilling 11,700m RC/DD in proven grounds.
Valuation pretty low, so any sniff of good intersections and heads and oppies should do nicely.
I wonder how the market would react today to another one of these:
- 1m @ 1,065 g/t Au and 143 g/t Ag from 97m
Cheers,
GB.
Ann: DRILL RIG ARRIVES TO ARGENT'S FLAGSHIP KEMPFIELD DEPOSIT, page-18
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