Making another attempt to break through 1p again today. Some decent (without being demanding) buying going on to suggest we may see a run up to the 25th February news. However, given the history of the company I suspect that this will not go crazy until the news. And then it will probably go crazy up or down!
Only one week left to go before the announcement on tailings. I am NOT anticipating an extension. At the moment I think it more likely to be a 'no deal' owing to the sheer length of time they have tried to get the recoveries going but there is still a significant chance that this will be a deal. A deal will result on a surge in the share price (I would expect at least doubling considering the mcap), no deal will likely result in this falling back 30% or so I reckon (I would expect similar for an extension). Place your bets!
Arian Silver Corporation (the “Company”) is pleased to announce that further to the Company’s press release dated 27 October 2016 regarding the extension of the exclusivity agreement with Tierra Nuevo Mining Ltd (“TNM”) over the Noche Buena gold and silver tailings project in Mexico, the period of exclusivity has been extended by a further 60 days to 25 February 2017 at no additional cost whilst the final results of metallurgical testwork are awaited.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.