I understand your frustrations, I’ve been holding a long time too, we need to remember that explorers in the PM sector have been going through a tough bear season for years now, ARD have saved us a lot of dilution through grants and free acquisitions of leases, and now just doubled our resource at no extra cost, we now have a massive commercial deposit, which is a game changer, the tides are beginning to turn for ARD, we have one of the most experienced boards around, with solid backing. I believe silver will rerate soon, It can’t stay low forever especially as inflation begins to bite around the world... it’s really easy to raise money in a bull market and management look amazing when they do so at high prices, quite another to add share holder value through acquisitions and resource updates without diluting the sp to nothing... as a long term holder I am incredibly thankful to management for treating my money respectfully through prudent management of it... When Silver rerates and it will.. we will be praising the managements decisions... it just sucks silver is not moving, it makes no fundamental sense.
Regardless...
The kicker for ARD now is we have a commercial deposit of zinc with silver credits, we are naturally hedged company.. regardless of what the global economy does.
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Price($) | Vol. | No. |
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