ADV 0.00% 13.5¢ ardiden ltd

What a dump, page-29

  1. 10,464 Posts.
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    One of the reasons imo brad is basically giving an update if visuals is to say we have frequents hits of spodumene with the drills. This is an appetiser as the first step is to ascertain continuity with multiple drills. The next step is to ascertain the grades of all these drills. This is where a TH will be called to reconcile drill results of spodumene pegmatites and the gradeconsistency. So the first part is a big tick. Now for the grade consistency of all these drills. What holders should do is to get these announcements from when the drilling commenced then when assays are released see which holes correlate to cut off grades. If a high proportion are consistent watch the instos scramble over each other to get a seat. IT is why stocks like cxo have come back because the follow up has not extended the resource with many new drills yet. Adv has already stated it has only done 5%. This is my prediction if assays and consistency comes through - investors will jump on board and support a more aggressive drilling campaign to identify what the rest of the tenement holds. Hence if results are great except a cr after a massive pump. It is the way how the corporates work. Even though this creates huge volatility as long as adv continues to deliver we should be fine. So bring on next week.
 
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