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.
ARD Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
