I think the cobalt grades are excellent (particularly as the associated copper and gold grades are also good). And the intersections are relatively close to surface (presumably open-pit potential?) albeit the width of intersections isn't huge. Need more drilling data but early signs are very encouraging imo.
Would be great to get a high-grade cobalt resource in an established mining jurisdiction in Australia. I'm also a bit surprised re the limted reaction by market so far this morning. ARV is not a well-known company/stock so perhaps there's not a lot of punters following their anns/results at this point - seems there's only a handful of ARV posters here on HC for example. For a speculative punt imo it's worth holding/buying until more news comes to hand. I sold most of my holding in the run up to 15c but have topped up again today. My opinion only and NOT investment advice. Good luck all ...
ARV Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
