Yeah I think you make some very valid points. But also, ARD only bought bullant for 5m from Barrick in 2010 (a time of very high gold prices). It seems hard to see how it will produce so much profit when barrick (who are obv not mugs in the gold production game) couldn't make a go of it.
Also, does anyone have any idea of how many tpa they are planning on treating and where they are being treated and at what cost?
I am undecided on USN. The dr buying is a very good sign though.
USN Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held