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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I'd hate to be the smooth brain who sold at 1c this...
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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6 | 890458 | 0.016 |
14 | 2429682 | 0.015 |
6 | 1904333 | 0.014 |
9 | 2403386 | 0.013 |
3 | 1534888 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 500000 | 1 |
0.018 | 630000 | 3 |
0.019 | 4934640 | 15 |
0.020 | 3036710 | 9 |
0.021 | 1227256 | 5 |
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