Arc Minerals (ARCM) – Tier one copper/cobalt/gold. Bargain pricing!
Arc Minerals (ARCM) is an AIM listed exploration company. The company has two tier one assets, the Misisi gold project in the DRC (Arc own 71%) and Zamsort in Zambia (Arc own 66%).
It is primarily focused on the Zamsort project which may turn out to be globally significant. Arc has stated that the number of non-disclosure agreements with majors has increased from two to five and three majors have made site visits.
Despite progress on the ground, investor selling has caused the share price to slide (latest share price 3.3p ask, market cap £21 million). I believe that this is unjustified.
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