So what... they sold a 1/3 oz of gold to ARM? That just doesn't make any sense to me. It's possible that I'm misunderstand the "update", or that it's poorly worded, but "testing" isn't something that generally generates revenue, and why would you bother selling a test nugget of gold? I don't get it.
The 1/3 oz of gold thing seems like is was taken from an actual press release:
"ARM did not check for gold, however CJTF did conduct a check for gold last year and the 10 oz' dore bar analysis showed approximately 1/3 oz of gold and balance silver in the 10 oz dore sample."
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