RE: JV News..30 Jun 2021 10:52
I obviously agree with your sentiment Seis,but I disagree with your reasons for Arc having such a ridiculous sp ATM. I believe the market has become so "risk averse" (particularly in mining stocks) after having been bitten so many times in the past that the only thing that gets valued accordingly is a cash income.The problem with that (and therein the opportunity ) is that nearly all explorers are massively under financed ,and majors conducting exploration only need one "duster" to see the market scorn upon their expensive efforts."The opportunity" is that anyone who is adventurous/dumb enough to undertake exploration and lucky/skilled enough to succeed,will then reap huge rewards from a market place that is scared of it's own shadow,but desperate for ore deposits.The under exploration added to the present and future demand for copper is exactly why I believe we are entering into the "perfect storm". Make no bones about it,we have exactly what the market is desperate for (exploration and initial findings wise) and even without further exploration NvS could sell Arc at several multiples of the present Mcap. Enjoy the next 2 weeks f29 GLA and C'mon England !