The stock has traded between 2c-4c for the last 3 years. Also, there hasn't been any significant news in the last couple months to drive the price as yet. Some drilling results which were partially expected and appointment of Klaus which stirred the pot a bit.
I'm a holder since Klaus jumped on board, has a good track record so was enough for me. I'll re-evaluate my situation upon actual resource news. I've got confidence that if the resources are there, they'll get proven up and marketed/progressed accordingly and the share price to be reflective of that.
Current share price does surprise me given there was an oversubscribed placements at 3c and ARDO at 1c. Anything under this price is a bargain. There's some pretty key milestones coming up this year. So in my opinion places ARD at a very reasonable price. Once I free up some capital i'll be buying up to 3c until further news.
My 2c
SF2TH
ARD Price at posting:
2.8¢ Sentiment: None Disclosure: Held
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