Easy .. investors are wary of ARC .. all these months, with 5000m of scout drilling at Treggalek to size up drilling targets in 2010 and by the 10th of MAY 2011 not one bit of drilling commenced !!! ... Bima is NO excuse .. and with nearly 10 million in the bank and a signed 15000m drilling contract. Weak announcement last week on the 4th of May ... and ARC said "within a week" .. so that is today !! so we should see an announcement today !!
Are you going to tell me that this first drill target ARC didn't know to aim for this from last year ? ... it is a result of the last 5000m scout drilling ( that took all of 2010 to complete)...one word for 2011 "SLACK" .... and now ARC are going to do 15000m in 6 months ? with two rigs .. ok !! lets see it ARC !! the wet season is coming, and 10 million gets eat'in up fast !!!!!
Posters email [email protected] ..... if you want some answers !!! he is on nearly 200,000 a year.. sure he can answer some questions !!! from "SHAREHOLDERS" !!!!!!!!
ARC is a great company and have come along way from Cibaluang, but so far in 2011, been nothing but a stall on time ... time that costs shareholders money, keeps big investors off the map and costs money everyday... Explore or die !! thats what we are dealing with ...
Why doesn't ARC put two drill rigs on Treggalek now, until, Bima is ready !!!!
Why ?
Go Gold .. Go the ARC !!!!!!
Only my views .. DYOR
Easy .. investors are wary of ARC .. all these months, with...
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