Ann: New EM Targets Enhances Exploration at Copperhead Project, page-11

re; CUS, and CVV --> KGL has both copper, with the gold, silver for free ...

With respect to Argent, their Kempfield project is becoming advanced. It is a low-grade silver/gold project (40 million oz at 45 gpt AG), but it has lead and zinc offsets. It will likely be economic at higher silver prices.It could be a good long-term speculation bet.

However, they currently do not have a company presentation which is always a concern. In a previous company presentation, they hinted at taking it to production. They do have cash for drilling, which is a good sign. Another red flag is their extreme share dilution of 1 billion shares.

Their other projects (West Wyalong - 77%, and Loch Lilly - 90%) are both early explorations.

Shares are diluted 1.12 Billion... FD

ARD where to from here?

They run down $2.72M in drilling, they need to get a JORC on board.

How else will they fund the company, dilute the FD shares further???

Nice move, they recently made an acquisition of Pine Ridge.

This seems to be their main focus and have a new discovery hole (6 meters at 10 gpt). They are currently drilling Pine Ridge and it appears to be a potential mine.

Plus, they have the (Copperhead) in a good mining district. It is early exploration copper, nickel, zinc, ree, and pge. (+++++) BIG PLUS' HERE

AUD$2.72M Cash, no non-current debt

The issue is Argent has no JORC reserve yet, and it is diluted

At 1.3 cents, its like buying an option in the Copperhead project hence the price ... Im buying 1.3 cents downwards, accumulating based that Kempfield becomes more advanced and a JV partner builds a mine, Pine Ridge yields a JORC of 1M Au Eq.

Copperhead becomes the big story, and a polymetallic mining district opens up multi billion dollar value

Then the 1.112B shares will not worry me too much