The thing with this rights issue it is only 1 for 6 the dilution isnt a big issue. I think the downside is limited and the up side is far more, especially when you look at the facts.
- Multiple drilled gold deposits under tenure by ARV
- Located in the highly productive Yandal Gold Belt
(+12million ounces mined to date)
- Along strike from and geologically identical to the
Jundee Gold Mine (5.4Moz) and the Bronzewing Gold Mine
(2.3Mozs)
- Sited on the same fault structures as all other known
gold deposits and mines in the province
- More than 30km mineralised strike under tenement by ARV
- Mineralisation remains open in all directions
silver/gold play, page-17
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