RE:Nothing to seethorzeus2013 wrote:
besides, there hasn't been a news release since Jan. Don't expect one anytime soon. With all that's happening in Greece and the price of copper not moving, going to be a long summer.. See everyone in the fall... GLTA
got to admit, I invested in ARC a real small amount of cash, only based on insiders buying in the last 8 months. I was occupied in the last 10 days and only took the time to do some reading today. Based on SH, last NR was in January, 6 months ago like you said. But, if you go on their website, they have 2 other NR, last one in March, about a new CFO. Does anybody know when was recorded the video with James Belushi, the exact date? If some people know the answer, please tell us. For a junior company, their website is great. Normally, that kind of website is when the company is the construction of their plant. Copper price is at its lowest level since 2009 and it should recover in the next 6 to 18 months. Anyway, even if the price stay's around $3/pound, it's not an issue for ARC, since we have a 2,12% Cu per tonnes. That is a excellent average that would give us $140 per tonne of copper alone. In the 7 minutes video of Belushi, he talks about a $37 millions dollars that would be inject in the construction of the Perlat Sinomine and that the plant would take around 18 months to be completed and also that it will be in operation by the end of 2016. So, that's why I would like to know the date of the video. Thanks to the longs who might know. From what I've read, they were supposed to have a valuation report by March 31 to start or not the project at Perlat. If I'm not mistaking, the SP that we are seeing at the moment, are probably due in large part, because of the delay of this valuation report. These kind of report can take time and if the response is positive and the project was to see the day, wow, the SP would easily go over .15 in a short time. So, M. Thorseus, since March 31 is long past, I wouldn't be surprise to hear from ARC in a short time...... Paying .025/share, I don't think I will sell for a quick double. If it's what I'm thinking, we're in at the perfect moment. Cu low price and uncertainty of the project and low amount of shares. I'm invested in Mawson west (copper too) but the scenario is the total opposite of Arian. GLTA