Ann: HEAVILY OVERSUBSCRIBED PLACEMENT TO FAST TRACK DRILLING, page-27

Hi guys,

I have a question for you about the company as I research some silver plays.

So this company is an explorer right?
At what point do they decide to actually start digging the silver out of the ground and selling it? Or rather - do they just find a good resource and then sell it for $$$?

I can see this company has been around for over a decade. Why in those 10 years does ARD not have a mine that they are digging silver from? Or was it the latter - that they sell the land once they prove the minerals are there?

Keen for your insight.
Convince me to buy.
Cheers.