The alternative is a take over bid by another miner in the area wishing to increase resources, or China wishing to secure a source of silver. If this were to happen I would expect such a bid to be launched after a potential bidder has had time to review and assess the DFS. Probably a month or so from now, assuming the DFS is released this month as promised. As a guess I would have thought the offer would be around 15 cents; which means a bunch of losers (like me) who bought at 23 cents on D and G recommendation. At least they (D and G) got it right when they said sell at 14 cents because of no information and slow progress
Pity management is not forthcoming with information. They are not really suitable people to run the company and I will vote against their reelection.
ARD Price at posting:
6.6¢ Sentiment: None Disclosure: Held
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