Hi Bruce,
Agree with all you say on IDO,...they definitely have got to get their act together quickly and prove something up with some drilling.
Since we talked about IDO on ARP, we might as well talk about ARP on IDO,...
My concerns on ARP,
1) The ground has all been combed before by the big boys and girls,...granted new techniques do reveal new things.
2) All SWG plays are heavily broker driven,...and the big climb has already occurred. This PGM thing was something the SWG people got into to ride the PGM wave,...restructuring Golden Sitka and all,...I must admit to owning a few freebies, but I got in when it was still Golden Sitka last spring. My profits have already been made. It is difficult to determine the direction the stock price will go now,...but I am reminded of PFG ;-)))
3) The chances of success remain 1 in 100, there is no increase in that success rate because of the people, properties, or companies involved to change that ratio,...but I know I don't have to tell you that :-)))
Good luck to us all, and cheers,...the beer tastes good tonight (ggggggggggggg). |
