i dont see the logic in thinking the options will keep the sp in check below 20c. the idea is so left field that it just becomes non-sensical to me. in-any-case the options expire in 14 months time. so much will happen before that time. if you are looking for a reason that may impinge on the sp it is that ARD only own 70% of the ground.
otherwise, the scoping study could set the sp alight for one thing.
also, what if the scoping study includes the nearby Mt. Dudley gold deposit along with Kempfield resource ? a double whammy .....
and what happens to the sp if on-going drilling hits more high grades of silver ?
then what if the price of silver soars another 50% in the coming 14 months before the options expire ?
the notion that the sp can be kept in check due to some idea of the overhanging ARDO options is kinda ........ dare i say it ....... non-sensical.
ARD Price at posting:
17.0¢ Sentiment: Buy Disclosure: Not Held
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