A couple of things to take out of this morning's update :
with regard to Kempfield - planned resource update is likely to yield a lot more resource given that lateral and depth extensions from recent drilling are over an area of perhaps twice the existing deposit dimensions ... more silver equivalent ounces then .It seems that ARD's current resource valuation is similar to it's peers IVR and SVL.Could we see possibly a 50% increase in resource I wonder and a corresponding lift in share price ?
West Wyalong - drilling there should be well under way ,one or both holes possibly already finished .They highlight the two compelling geophysical targets ........One might think they must be happy with what they have seen already or they wouldn't be keen to talk about it or be releasing this update .Could we possibly see some early results from West Wyalong or an update on progress soon ?
ARD Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
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