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Arian Silver still drilling

TIP UPDATE: Arian Silver has doubled its resources, but continues to drill for more
August 23, 2011

What we said:

When: 6/05/11

Price then: 34.5p

Price now: 31.5p

Change: -9%

IC TIP: Buy at 31.5p

Arian Silver is upgrading plant and equipment to improve its profitability, although the major attraction of its San José mine in Mexico remains the potential of the resource, which last month doubled to 88m ounces of silver, with more to come.