Here’s a New Penny Buy

Article Excerpt

ARIAN SILVER $0.37 (Toronto symbol AGQ; SI Rating: Start up) (1-800-917-4102; www.ariansilver.com; Shares outstanding: 100.7 million; Market cap: $37.3 million) is active in silver exploration and development in Mexico. The company is headquartered in the UK. Arian’s current focus is on the Calicanto and San Celso projects in Zacatecas state, the recently acquired Tepal project in Michoacan State and the San José silver-base metal property in Zacatecas State. Arian has experienced management and its properties are in regions with producing mines. All of its concessions have had significant exploration work already done, and most have workings from former mines. The company’s current exploration program has yielded some promising results. It still needs work to outline a mineable deposit, but we think the company has a better than average chance of success. Arian is highly speculative. We see it as a buy for highly aggressive investors only. only…

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