Thanks,
George
ARIC is still only $61M market cap, and that is after a 625% gain this year alone. It was a 10c stock last year. Insiders own 14%, Newmont Ventures owns 15.5% and Orecap owns 13.3%. It has little cash, no revenue, losses and negative cash flow right now. But certainly recent drill holes are most impressive. 45.7 grams/tonne over 32M, and 26 g/t over 57M are about as good as they get. Drilling in the Ivory Coast, the results for a single hole are probably the best in Africa in a long time. 'Gold is consistently high through the reported interval', which 'implies' it may not be just a hit from a large nugget. There were no dud holes which implies consistency. In a mine, high grades with consistency can be a very powerful combo. More drilling is needed, of course (to start in April) to determine what the company has here. Infill drilling is needed and more money needs to be spent. But certainly the results are quite amazing and the attention is deserved. Risks are high, of course, as expectations for continued good news are now much higher.