Pertinent market/industry news/articles, page-2180

Amigos, ARL doesn't fit the usual model of a junior resource explorer. Normally there is a 5 year period, or even longer, where an explorer looks (while shareprice flattens and cap raises keep it afloat). For the successful companies, eventually they discover a resource, then there is huge exceitment as it carries out a spectacular program (shareprice booms). Then there is a few years of the orphan period followed by mining. But in ARL's case it was basically doing resource estimate and infill drilling from the very get go. What has been missing? The excitment of the exploration stage! Yes, there was a good jump in shareprice before the PFS, but that was not the excitement associated with exploration, IMO. We are yet to experience that stage. It may come when drilling results are announced for its unexplored gold tenements or the nickel sulfate tenements (near St George). Or it may be Godolphin which experiences the exploration excitement. The point is: Ardea was born mature and it didn't go through the crazy days of discovery. Not yet, anyway!