ARL 0.00% 47.0¢ ardea resources limited

Share Price Plummeting: How Low will it go? 40c, 30c, Back to IPO 20c???, page-22

  1. 693 Posts.
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    So Sally... WOOF WOOF..

    Whats your predictions for the share price this week?

    Mine is that it will fall close to 30c. Market is finally waking up to the ore size of ARL being so spread out and so far underground that open pit is not viable. Thats why the big Ni players in the area are sticking with proven reserves that have massive mine lifes. Maybe ARL will be mined but not for decades. Are you planing on holding the bags till then or continue with your plan to unload onto new investors?

    I know a plan... A plan that ARL is good at... Offload some tenements as a specky IPO, board members will draw wages from the new IPO to top up to over a million in wages. Rinse and Repeat the Herron.. I mean ARL way!
 
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