ARD argent minerals limited

I think you've nailed the key questions there Timbin. The...

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    I think you've nailed the key questions there Timbin. The company can't maintain the confidence of shareholders while there are such glaring inconsistencies and unexplained omissions regarding the information they put forward.

    Conversely, the way to engender confidence is to deliver on what they say they will do, and update shareholders / the market as soon as things change. Yes, 12 holes became 11 holes with zero explanation, and it is demonstrable that no expedited *gold focused* drill program has materialized since being announced on 14 July. We don't know what is happening with West Wyalong: it has fallen into a black hole.

    I wrote to the company secretary pointing out that - 2 working days after he told me that management was keenly awaiting assay results and was just as eager to get these as shareholders were - a complete report was released detailing the results. I never received the courtesy of a response. Either he was too embarrassed to respond to me, or didn't care to respond to me. Either way, it's pretty poor.

    As regards anything David Busch may or may not say on all this, I have never been one for the cult of personality type stuff that seems to surround some of these MD's; along the lines of "I could see the kindness shining for his eyes / I could smell the integrity oozing from every pore / Each word carried the distinct ring of truth". It's essentially meaningless. None of this 'David said this' , 'David seems confident' type stuff in any way proves enlightening on the key points. Rather, the actual facts as laid out speak for themselves.
 
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Last
2.1¢
Change
-0.001(4.55%)
Mkt cap ! $30.36M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $31.62K 1.447M

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No. Vol. Price($)
7 1634358 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1946107 5
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Last trade - 16.10pm 23/06/2025 (20 minute delay) ?
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