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You say you're going to take my advice and sell on Monday morning. I don't give buy/sell advice as that's for each individual to determine for themselves. So you must be confusing me with someone else.

Thanks for your suggestion of an alternate name, Jeremiah - if you've held arc all the way down from 8p to 2p might I perhaps suggest you go with something which reflects that level of genius for your own name - I would suggest Jeremiah the prophet you are not, so perhaps something like Clueless might be more appropriate.

Amazingly, we are all able to make childish comments, I don't see any great talent in that. Why not stick to discussing the company as the board is intended? If you're short of topics why not post background on the background and suitability of the amazing directors who've achieved such life-changing share profits for you? Or you could discuss how wonderful Anglo thought the licences were when they walked away from them some years back? Or you could calculate the NPV of all of Arc's tier one asset discoveries - surely there are enough drill results to define at least two tier one assets on arc licences given how you all expect untold riches from your arc shares?!

There's one small detail to remember though, these need to more than triple just to get back to the previous highs!

It's funny that another poster mentions the Eurasia board, there's a great similarity between these two boards actually, since some posters on both seem to have rather daft convictions that their shares are worth about 100x what the market says they are currently worth.

It's always a very bad sign, imo, when the ramptastic crew can only hurl personal insults at those posting critical information and their own opinion about the company. It means that they can't really counter the information with anything credible so they have to behave like five year olds in the playground.

Next they'll be saying that because Anglo are going to spend 75m USD on exploring, that means arc is worth xyz! It's utter nonsense of course - everyone knows that drilling is risky and expensive, and if their logic was correct about this relating to Arc's value, then my question is where along the drilling curve does this value accrue to arc? The moment they've announced a deal is arc suddenly worth the full amount Anglo will spend drilling? If not then, is it perhaps in stages of every ten million dollars spent? And if they haven't discovered any copper with that element of the drill campaign does the company mythically remain worth the amount Anglo spent drilling to find nothing? As is quickly obvious, it is utterly ridiculous to try and ascribe any value to arc simply.by virtue of the fact that Anglo are drilling on their land. Shares of discovered resources are absolutely valuable and able to be valued. Exploratory spending is not. If it were, then almost no junior explorer would ever go bankrupt, because they spend a lot of the money they raise drilling, and if drilling without results made the land worth what was spent drilling then the company would, in effect, be able to drill without any risk, since the result of drilling would be either a discovery or, worst case, a land package worth what they had spent.drilling to find nothing. What matters are results. Without resource results there is zero value attributable to arc shareholders for Anglo's drilling expenses.

Of course any cash they hand over has immediate full value on the balance sheet, but given how generously NvS and his merry men remunerate themselves, that won't last very long, so will in effect not really be an asset which shareholders will ever see (ie dividends) it will simply keep arc on expensive life support whilst they pray that Anglo finds something valuable. Obviously Anglo have a high level of confidence in finding that, they're not in the business of throwing their money away. But even if they do make a big discovery there's no automatic assumption that it will ever materialize or translate to arc shareholder wealth.

If you want an example on aim of a huge mining resource and JV.with majors where shareholders are getting utterly destroyed, look no further than Orosur Mining. And, amazingly, it appears that a certain overpaid "executive chairman" also sits on their bod. Another aim disaster which my policy of researching the directors has steered me clear of, thanks primarily.to seeing that the Bumi-bust sits on their bod.

The reality is that most aim mining companies fail, and the easiest.way to avoid those is to look at their leadership's history. Bumi!

It's always a very bad sign, noresco, when the ramptastic crew can only hurl personal insults at those posting critical information and their own opinion about the company. It means that they can't really counter the information with anything credible so they have to behave like five year olds in the playground.

Next they'll be saying that because Anglo are going to spend 75m USD on exploring, that means arc is worth xyz! It's utter nonsense of course - everyone knows that drilling is risky and expensive, and if their logic was correct about this relating to Arc's value, then my question is where along the drilling curve does this value accrue to arc? The moment they've announced a deal is arc suddenly worth the full amount Anglo will spend drilling? If not then, is it perhaps in stages of every ten million dollars spent? And if they haven't discovered any copper with that element of the drill campaign does the company mythically remain worth the amount Anglo spent drilling to find nothing? As is quickly obvious, it is utterly ridiculous to try and ascribe any value to arc simply.by virtue of the fact that Anglo are drilling on their land. Shares of discovered resources are absolutely valuable and able to be valued. Exploratory spending is not. If it were, then almost no junior explorer would ever go bankrupt, because they spend a lot of the money they raise drilling, and if drilling without results made the land worth what was spent drilling then the company would, in effect, be able to drill without any risk, since the result of drilling would be either a discovery or, worst case, a land package worth what they had spent.drilling to find nothing. What matters are results. Without resource results there is zero value attributable to arc shareholders for Anglo's drilling expenses.

Of course any cash they hand over has immediate full value on the balance sheet, but given how generously NvS and his merry men remunerate themselves, that won't last very long, so will in effect not really be an asset which shareholders will ever see (ie dividends) it will simply keep arc on expensive life support whilst they pray that Anglo finds something valuable. Obviously Anglo have a high level of confidence in finding that, they're not in the business of throwing their money away. But even if they do make a big discovery there's no automatic assumption that it will ever materialize or translate to arc shareholder wealth.

If you want an example on aim of a huge mining resource and JV.with majors where shareholders are getting utterly destroyed, look no further than Orosur Mining. And, amazingly, it appears that a certain overpaid arc "executive chairman" also takes fees to sit on their bod. Another aim disaster which my policy of researching the directors has steered me clear of, thanks primarily.to seeing that the Bumi-bust sits on their bod.

The reality is that most aim mining companies fail, and the easiest.way to avoid those is to look at their leadersh

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