Fellow HC posters and ARD investors, overnight the Silver coiled spring, got tighter.
Is this the head fake lower before the next significant rise in PM's?
There are few companies in this space on the ASX, that have the many opportunities to significantly rerate that ARD does over the next 15 months or so.
ARD is in prime position in my opinion, to be multi pulls of it's currant price at some stage within the next 15 months.
ARDO expire june 2019. These have a strike price of 10c and should raise around 17+ million!
So the incentive for ARD to hit 10c over the next 15 months is HUGE.
The infill drill program at Kempfield, will add on the low end 13 million oz's @ 40g/ton, and on the high end 100 million oz @ 80g/ton to our already significant resource of 52 million oz Silver Equivalent.
So somewhere between, 65 and 152 million oz Silver Eq. Which has shown Excellent meteorology work and great recovery rates.
Then we have Mount Read in Tasmania???
Also West Wyalong and Loch Lilly, both in Elephant country???
2.9 c is still below last CR
One thing is certain
Once Silver makes it move, won't be long now!
2.9c for ARD will be long gone...
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- Silver Like a coiled spring??? from KWN
Silver Like a coiled spring??? from KWN, page-8
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