ARD 4.17% 2.5¢ argent minerals limited

Yummy,I never offer financial advice. Everything I say on these...

  1. 1,138 Posts.
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    Yummy,
    I never offer financial advice. Everything I say on these threads, is either my opinion, or what I have done or am doing. Or an article that I have liked and there fore shared.
    I started doing this in 2014, same as you, but as a hobby, I also run 5 companies, 3 here in Oz and a couple overseas. My main focus is Fertilisers and Medical Cannabis.
    All of 2014 and 2015 I was down well over 30%, My wife thought I had gone completely MAD.
    In 2016, I made a couple of million, and my wife stopped giving me sheet, as did my accountant. I took twice my original capitol out of my account. So all I am playing with now is the profit I made in 2016.
    This allows me a different mindset on my investment as far as risk goes, If I loose this lot, I am still over 100% up.
    All though I did well off my Silver and Gold explorers, my best win was EMH, a lithium play, I bought 950k @16c, sold the lot around 90c on average. EMH peaked at over $1.10, I missed the high, but was very happy anyway. Today EMH is trading around 32.5c last time I looked, but could be close to a break out again if certain things go there way.

    I hold 25,923,093 ARDO, I am loosing confidence every day that these will pay off.
    My best guess is Gold needs to be above $1450 usd and Silver above $21.50 usd for ARD to rise to 10c or above and for these options to be in the money, but that is only my best guess.
    Or, if we get the drill turning and get some VERY GOOD assays back before the end of June and we are close to the above mentioned prices, we might just get there.
    The board and MD are well aware of that situation, and in my opinion and doing there utmost , to achieve that goal.
    But you must realise that there is considerable amount of work, a lot of which, the timing of permit's is out of there control and is up to government employees to sign off on. Plus numerous other issues with local land owners to grant access etc etc.

    As for Klaus, he is only here as an adviser I believe. Not an official board member as such, nor has he invested any money into ARD that I am aware of. If he ever does, I will buy more for sure, he only backs winners and likes to get out early, that is smart, no other word for it!

    I also have followed Goldfinger on the IVR Thread. I love his enthusiasm, I have been in and out of IVR a few times, I held quite a few, sold them all last year, In 2016 at the IVR AGM, I mentioned to John Anderson the md of IVR, I would put $1 million and find other investors to drill Maslins in 2017, he did not seem to agree with me, and IVR is what it is now, waiting for a JV partner to do just that, drill Maslins, because at currant prices the Silver in IVR just is not profitable to mine. I am originally from SA and I would love to back a winner there, but to buy IVR right now, well I just can't?
    ARD has twice the amount of Silver, and double the Grades. Also the potential to more than double that to be close to SVL in terms of OZ's but 4 times the grade???
    With the added bonus now of Pine Ridge, and more of a Gold focus to all our tenements, I think 2019 is going to be a good year for ARD.
    I, like you would like all this to happen before the options expire, at the end of JUNE.

    Mate, if your ever in Melbourne, I would be happy to catch up for a chat?
    I honestly hope you do well with your investments, and hope you now understand a bit better how I think about these things, and why not to treat my hot copper post's as advise, just an opinion.

 
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2.5¢
Change
0.001(4.17%)
Mkt cap ! $25.26M
Open High Low Value Volume
2.3¢ 2.5¢ 2.2¢ $114.3K 4.950M

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3 345000 2.4¢
 

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2.5¢ 1492102 4
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
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