This from Eddy, page-66

B.C.

This is just a follow on post on this Banal Topic .. You are are in the Exploration game, just like me .. we both have diverse tenements,

JC has never owned full blown tenements nor every compliance issue associated with a full blown mining license approval.

You know your ML's and I know mine .. not many posters on this thread do. You have seen a lot of shite over your lifetime in the biz, a lot longer than me, however between us, I suspect, we have seen a lot more real action and expenditure on the ground than the vast majority of posters on this ARV thread ..including the current BOD in Oz plays.

I run a private set up, the money for exploration comes out of my pocket mostly .. the other shareholders are about to realise there is no free carry in exploration seed money. I suspect you know this "Modus Operandi" and your seed investors are well aware .. Once you go public, it's a different ball game !

Our investment Company (small investment in this case ) is taking up the last 5 day 20 % VWAP discount offer, fully paid up right now.

We were fully aware of the original offer over 2 years ago .. I remember the brokers trying to sell it to us as a full takeover proposition.

There was some synergy there .. Fox Resources Coal assets in QLD, before the QLD Gov at the time decided to put a huge, financial impost related to new coal applications (EPC's) at the time. Think of ICX and FOX... Welder , the poster knows what happened subsequently, better than most of us.

Nothing to do with me at the time, but it had common ground much later.

Your bottom line is this .. the main game know is :

1: Purdy's and patch 47 Gold .. free digs.

2: The Paterson Range Gold and copper .. Flog it to RIO or BHP for a huge up front and free carry royalties farm in.

3: The Carlow Castle poly metallic resource .. JV it.

3: Our investment being in the green .. very quickly .. it's looking very likely, without Purdy's and the patch already dug our from reports.

Every dog has its day!

Cheers

HR

No Advice given or intended .. Just do your own research. The massive advantage ARV has is an 80% complete plant at Radio Hill within tens of kilometres to Port facilities .... Shiite .. if I needed to beneficiate ore close to Port .. I would be calling ARV, to produce concentrate .. right now .. The precious metals prices are at a peak and do not look like going down in a hurry any time soon.

No advice, just my jaundiced views as locked in shareholder. No guts , No Glory.