rocksinhead, thanks for clarification. Must have missed that in my reading of announcements. In my opinion that makes the options a great buy at anything under 4c with share price where it is. Offers some nice leverage, but after a recent run in with another options trade I think I will avoid :)
Did buy some ARD though late this afternoon.
If reading correctly ARD will soon have a 70% stake in a 31.6m ounce Silver resource (their share being 22m oz) with a $13m market cap after 19.5m USN shares are removed from registry. Although lower grade than it's peers (other pure Silver juniors) it is a lot cheaper than them on a market cap/resource basis. Not to mention the free USN shares that will be issued.
Like what I see here.
The November 23rd announcement indicates we are awaiting assays from 3 holes and was expected to take 3 weeks, has anyone been in contact with the company to follow up on the delay?
ARD Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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