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Armadillo Resources Ltd C.ARO

Armadillo Resources Ltd. is a Canada-based company, which is engaged in acquiring, exploring and developing base and precious metals properties throughout North and South America. The Company's LD property consists of approximately 12 two post claims totaling approximately 300 hectares is located in northwestern British Columbia. The Company's Amazon Basin Gold Property is located south of the city of Manaus and encompasses approximately 1,370,400 hectares of 164 processos minerals (claims) in the states of Amazonas, Mato Grosso and Rondonia. Its Amazonas State tenures, which consist of Manicore, Aripuana and Curauai, consist of approximately 35 mineral claims and include 338,262 hectares. Its Madeirinha, Juruena, Matupa and Jatoba projects consist of approximately 63 mineral claims consisting of approximately 512,650 hectares. Its Rondonia State consists of two projects: the Cacoal and Theobrama projects, which consist of approximately 18 mineral claims over 49,400 hectares.


CSE:ARO - Post by User

Armadillo Resources Ltd > Is this the one?
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Comment by DRILLFILLBILLon Sep 10, 2009 2:02am
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Post# 16292403

RE: Is this the one?

RE: Is this the one?Is it the one?  Who knows!!  All I know is that it just came up on a scan of mine.   There's been a nice increase in volume over the last several weeks dating back to 3-22-09.  However, the OHLC weekly bars are very long.  Short, tight bars with a very narrow range of highs/lows would be much more attractive.   7 million outstanding??  I'll watch this one.  Man...the last time I said "I'll watch this one" was 8-30-09 for V.DEC.  Then the following week V.DEC shot up 5x!!!  UGH!!!  That was awfully painful to watch!
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