Must admit that I exited on this announcement. The company...

Must admit that I exited on this announcement. The company continually promoting silver equivalency and now zinc equivalency but when you get to the actual silver grades it is underwhelming. Companies that find high grade silver, lead with those grades in the headline. Maronan Metals is a good example. So I exited because I don't like any company that tries to mislead with their announcements. I keep a spreadsheet for a number of ASX silver explorers with a jorc resource and even though I do not hold shares in this company, I must admit ARD with a market cap of $11.6M appears to offer outstanding value when compared to LDR.

Mind you, at the current price, it is hard to see much further downside providing that LDR do not need to raise money at these low prices.