daytrades october 04 morning ..., page-164

ARV: 3 big days in a row, i don't think institutional placement at 5.5c sell out just yet. It has 25km of REEs mineralisation. Very limited historical drilling results and already has 60,000 tonnes of Total REOs in Resource.

60,000 tonnes seem small relative to LYC or ARU. But it is the equivalent of $3 billion In Ground Value or 2.27 million Oz of Gold equivalence. This is a bit of my rough and quick calculation for ARV and its market cap is less than $20mln. It is a no brainer. If anyone thinks this resource is insignficant, then just observe the share price, not too much rumour yet but the last 3 days, ARV's share price movement is making a lot of noise already. NTU/ORM haven't have a Resource yet. And PEK, it hit some really great length and grade of REOs, and that is why it up 4-baggers from 10c. I'm eagerly waiting for update from Yangibana.