Well as the majority of ARD holders hold ARDO I'm personal all for the opts to have their ex.price reduced to the same as the last cap raising at 16c for one it's going to get most of the opts converted and bring in the funds needed to get ARD into Silver production dilution is minimal with ARD fully diluted only having round 120-130 mill shares compare that to the likes of PEN with 2.5billion Also the cash balance after the opts get ex should top 10mill
Just think how much the market will re-rate on more drilling results, DFS,ownership increase
22-30moz+ Silver resource 70% indicted-inferred 10mill+ cash only 120-130mill shares---And one hot Silver Market with millions dollars looking for exposure to the hottest metal of 2011
ARD Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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