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Fingers crossed.....
in a zinc rich area the betting is when not if imo.
they already hav 5.1mt that its in demand, as an offer was on the table. ARK said yes, G11 no.
why did G11 say no? G11 are intent on landing the big one. It says so on their site.
This hit 2p+ on the expectation of great results from Stonepark and a takeover by G11/Glencore. Then we had the results which were pretty average and the share price slumped. Teeling keeps banging on about Mine River but i doubt that will ever be a commercial proposition so its all down to Stonepark imo...again! Drilling to be complete by the end of March and results by the summer. If they are what we hope for then we multibag, if they are similar to last years results then today's SP/mcap will look inflated. You pays your money.......
The goal is to up the already 5.1MT to nearer 10 to make it a substantial mine. But with the zinc price going up maybe not such a requirement. However, they are hoping to find the mirror image of Glencore Pallas green deposit of 45mt. Anything approaching that and it’s a jackpot win.
Such a low cap here fully funded even a 5 or 10 bagger only takes it to £10M / £20M
It’s a no brainer
In view of the very low mcap a rerate is only a matter of time.
Good results = mcap of ?
GL.
Lets hope that the results from Stonepark are better than the last set reported on 26 Jan last year....
Https://twitter.com/ArkleResources/status/1488452830042247174?s=20&t=VBOyNdGWHw3fMpyO-3PFsg
That's a good interview on stockbox in-depth information on the Drilling at stonepark starting in the next two weeks finished by the end of march . fingers crossed for high grade results
the BIG news... fully funded. future funds offered by warrant holders.
drill imminent. green flags all round.
£2M Mcap on risk reward is beyond bonkers. accumulation now likely.
Https://mobile.twitter.com/stockboxmedia/status/1488165939673718787
TODAYS PODCAST
14 Million or so chunky trades just gone thru. Either bed n isa, or s/b
DV. For me SP already bombed out . U might save a touch by holding off u might not. Better to be in early than too late?. Maybe scale in.
£2M MC is way beyond compelling.
G11 / Arkle were approached to sell Stonepark. Arkle agreed but G11 said no. Another more persuasive offer could arrive. Will arrive? At some point? Probably.
Continued Drilling in a zinc rich area will likely ‘eventually’ yield more zinc and add to Stoneparks 5.1 mt. also the theoretical mirror image of the massive Pallas green (45M tonnes) is being sought. seems immeasurably too good for a minnow like ARK to be involved in a project this large. But they are.
Innishown last Coms waiting on permits etc. mine river some spectacular grades surely more drills being planned. We know what those RNS’s can do.
Stonepark. G11 waiting on permits, expected imminently. drill to then start within the week.
I think confirmation the Zinc drill is underway focuses plenty of minds. Its absolutely ripe for bagging. Sure, results might be several months away but at some point there will be a scramble . The size of the prize absolutely demands it.
One not to miss
Regards
Auc, I don't think we will get the results from the Stonepark drilling until the summer. In the meantime the share price will inevitably decline imo. This is typical AIM! Maybe an RNS confirming the commencement of drilling at Inishowen could keep the share price buoyant....
Definitely one to add on weakness. Although it has to be said the current SP is quite a bargain.
I think the Twitter ramping crews will soon sniff this gem out and bag it.
Let’s see
Usual ARK price action! Drilling to commence 'within weeks' and will take 'up to three months to complete' and then we have to wait for the analysis & results. Summer? Plenty of time for the SP to drift lower and more bargains to be had....
Added 1 mill yesterday
I think Gino will be back. I think they all will. It’s a no brainer.
Where is Gino with his figures.
Remember 12 months ago when it was at 2p
Bring back those times
A £2M MC to prove up a Tier 1 discovery? ( ARKS words not mine ) Its a stunning risk reward of that there is no doubt.
A 10 bagger to £20M MC ( 10p ) could be just the start. Tier 1 is several 100’s of millions. (Ark own 23.44 %)
Ive been holding off topping up here waiting for G11 ( project lead ) to confirm costings ( they have and its fully funded ) and that drilling is going ahead ( it is ).
Anyone in at these levels will likely see several bags and many more on any increase on the already discovered 5 Million tonnes of high grade shallow depth Zinc ( cheap to recover ) in a Zinc rich area.
One not to miss.
Sounds rampy but the facts speak for themselves.
The herd will be on the way of that I have no doubt.
GLA but, frankly, I don’t think we will need it.