I have been following this as well since 82, at the time it was drilled by CRA, zinc was only $800us a tonne and copper was $1500us a tonne and then was considered an average grade, today at us $3200 for zinc and $7400 for copper its considered very high grade.
I imagine the first thing the director will do in the exploration is varify the holes drilled by CRA, drilling started 3 weeks ago and if the drill hole results are similiar to CRA results with big intersections of high grade i can this stock roaring...
What makes this a major attraction is that there is not going to be big infrastructure costs associated with the project, the port is located 65k away, towns a close, labor is close, power and water are abundant, and this stock has .50cent written all over it now..
ARE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
