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I'm told Paterson assay results are only due back early December so there is still a chance of an early Christmas present!
The latest exploration update looks good - I like the Marillion target which if it comes good could easily get the Carlow resource to well over 1moz.... maybe a lot more...
Apparently there was one large single seller today on the ASX who needed cash in a hurry and "sold the news" to get liquidity. Share price reaction obviously doesn't represent the good news that we see today so this is a buying opportunity imho.
Carlow resource upgrade just been released and looks really good!
https://wcsecure.weblink.com.au/pdf/ARV/02581470.pdf
Don't forget ARV had a resource downgrade last year, so you would have to think that this year it will be a resource upgrade?! I can't see how a resource upgrade is a negative for the share price...
I do expect the Carlow new resource to drop any day now. Next week likely?
Paterson drill results from Atlas + Apollo could drop any time - you never know with greenfield exploration.
It will be great if they could get a sniff of some decent grade gold at Paterson.
GGP shareholders will be all over ARV like a rash if that happens..
I don't think we will have to wait long for the resource upgrade. For the traders probably a good short term trade ie. buy sub 4p and perhaps flip for 6p+ by the end of the month? :)
From what I understand lots of share price catalysts here: Carlow drill results, Carlow resource upgrade, Paterson drilling of Atlas, Apollo, Juno, Enterprise all scheduled for Q3 2022, Chapman drill results, etc.
I'm expect we will see an update on all of the above v. soon.
Loads of news to come and probably all positive!
Happy days.
I'm still waiting for uranium drilling. For me this is the main catalyst for the share price.
Ragged Range looking more interesting and you never know with drill results.... Many ASX explorers have gotten lucky and market cap has increased 5x to 10x. Thor could be the next one if Ragged Range comes good.
Happy to hold and see how this one plays out.
:)