ARL 0.00% 85.0¢ ardea resources limited

ARL chart, page-35

  1. 412 Posts.
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    Our share price is travelling very well, and we are still 700% up on the float price. But we could be doing better. One of the reasons we are not is that a lot of small caps in Canada and Australia are ramping their product way more than they deserve. Almost every announcement in the sector is heavily seasoned with hype. Ardea support is built on substantial fundamentals that are supported by 50 million dollars of historical drill work. We know what we have here, and are not groping around. Management are quietly confident of delivering a world class project. When the PFS comes out, it will be a strong platform from which to go to DFS and then work to the production of the valuable raw materials. Dumont is probably new to most of us, but their claims are not convincing at this point. I am hoping that some of the holders with greater technical expertise will be able to decipher the jargon for us that is found in the announcement and the analysis that accompanies it.
    All the best,
    BE
 
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