Posted this on DT thread, GCR has 30% in Kempfield Project.ARD:...

Posted this on DT thread, GCR has 30% in Kempfield Project.

ARD: got a mention on The Australian today, stock up 1.5c.

http://www.theaustralian.com.au/business/mining-energy/investors-walk-a-silver-tightrope/story-e6frg9ex-1225974436569

"Earlier this month, Argent Minerals sold off its Bullant gold project and declared itself transformed into ?a pure silver play?. It hopes to make a decision to mine its Kempfield silver project in NSW by this time next year."

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GCR: farm out Kempfield to ARD. I dug this up from company's website. ARD can earn up to 70% of Kempfield, and GCR will own 30%. There are 31.6mln Oz of silver there.


Also, GCR has about 535kt of contained copper and 1.5mln oz of gold in NSW.

Add another $7mln cash.

Current MC = $22mln.

Market really does not value much its copper and Kempfield's silver projects at the moment.

Eventually traders will start to take notice of this gem, a double plays of Copper and Silver.