Tuesday, May 4, 2010

SPEC BUY on Arc Exploration (ASX:ARX)!

Wise-owl.com places a Spec Buy on Arc Exploration (ARX).

• Exciting gold exploration play in Indonesia, a country that is largely underdeveloped
• Arc will aim to explore projects that have similar characteristics to Newcrest's Gosowong and Newmount's Batu Hijau projects.
• Early drilling results have been encouraging with more drilling activities to come in the year.
• Stock price will be leveraged to the drilling success at these projects.

Click here to view our research report on Arc Exploration (ASX:ARX)!

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