ARD 5.26% 1.8¢ argent minerals limited

Ann: Outstanding Copper-Silver at Illirie North, Copperhead, page-15

  1. 485 Posts.
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    I'd hate to be the smooth brain who sold at 1c this morning...

    re drilling/sampling rock chips debate:

    I think the strategy has been sound from ARD, spend next to nothing but continue the news flow with the silver price depressed, wait for the breakout, raise with 2-3 quarters of burn in the bank (so don't have to get f%#ked on price) then drill the heck out of it into a rising silver price with money flowing into the sector.

    ARD easily could have gone bust like MTH & TMZ by now, but they've bided their time well and are now poised.

    SVL the obvious safer place on the ASX, but for the speccies IVR vs ARD I much prefer ARD at these levels.
 
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