ARI 8.82% 3.7¢ arika resources limited

Ann: Quarterly Activities Report, page-97

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  1. 7,161 Posts.
    lightbulb Created with Sketch. 517
    I sold out at 2.5c down to 2.2c after buying in with a 3.7c average..
    Plan was to get back in if it went lower and fundamentals didn't change..

    The market rate of zinc has kept me away and this can impact the deal, in addition the cobalt drill results are still due i am pretty certain? Can someone please expand on this?

    Matt and co want to investment in more greenfields projects when they have barely scraped the surface of existing tenements which makes me feel it is a vehicle for salary extraction only (they gift each other shares) so unless they are buying on market.... its all wish wash ...

    GL, will be watching over next few weeks.
 
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