Not every explorer needs to become a miner in order to be successful. Actually, successful explorers often underperform when turning into miners, as this requires a different skillset and composition of the BOD. I am not too worried whether ARD generates wealth for shareholders by exploration success or by mining, as long as they do that. Matter of fact, share price usually increases faster as a result of exploration success than by building a mine, which is a lot of work, takes a lot of time and is risky. The best scenario in my opinion would be that they hit a big load of gold or silver, and they have some really good targets and a well funded drilling program to try and find it. The reason I invested in ARD is it's potential for further exploration success.
ARD Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
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