There's definitely potential but ARV's market cap is pretty massive for something that hasn't been drilled and has no resource. Compare it to EXU who recently disappointed the market with their recent upgrade to see what might happen if the theories aren't right. I've read the market will give you approx a $50 an ounce for what you can prove is in the ground. Right now it's valuing ARV at approx 2 million ounces. I hope that proves right but meanwhile at least know what you are betting on.
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- Daytraders Weekend Aftermarket Lounge 22 Sep
Daytraders Weekend Aftermarket Lounge 22 Sep, page-44
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