ARD trade ideas
ARDLooks to have hit long term support. Could reverse here for another leg higher. Argent currently have two projects in WA being drilled to expand their resources and reserves for copper/gold/silver. Both projects sit nicely in the vicinity of Newcrests massive Cadia mine, so this is elephant country. The Kempfield project had delays in July and August due to wet weather but is now in full swing. These assay results are due any day and could provide significant upside. Drilling at their second resource is due to begin this month. Exciting times.
Maybe one more weak dayI think entry at 52 or 54 cents could be a nice entry. Could dip below if we see a big sell-off in silver
7 year resistance penetrated and backtestedThis stock has strong tailwinds for next week. get in while you can. Cheap ounces of in the ground, maybe the cheapest in the world.
