Good 18.5c finish offers at 19c for ARD still no love for the ARDO with a small offer on the table at 3c
some Investors must see better value in ARD with the USN distribution rather than the leverage from the opts which are only 6months to exercise date even though the opts will have the ex. price reduced to a likely 16c
personal I hold 760k ardo and think I'll be far better off in 4-6 months than if I was holding the same value in ARD the USN would be nice but you would likely have to hold for awhile as the SP doesn't have much volume(USN SP 15c) In the mean time Silver continue to close the gap on gold not long ago Silver was 67 times cheaper now it's 47 long long time average is 14 US Geological believe there to be only 7-8 times more silver than Gold in the earths upper crust.
ARD should well be a 1.3moz p.a silver producer during one of the biggest Silver bull runs in mondern history
ARD Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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