ADG 0.00% 0.4¢ adelong gold limited

Ann: 3D Resources Completes $1.225M Placement, page-98

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 474 Posts.
    lightbulb Created with Sketch. 203
    Seems to me like a small CR pullback and consolidation before the next leg up. Weak hands getting out in a timely manner imo. It seems this week ( without news ) allows people to get in for a good price if we stay at 0,5c- 0,6c. Now we're cashed up, will probably get drillings results next week from phase 1, can hope for another historic review resource upgrade, an update about plans of our extended drilling program, news about our mullocks and details about our cosmo IPO. It's looking extremely exciting atm and I am really bullish from next week on. Albeit we are ( yet ! ) a relatively small gold play with 180koz, the special about ddd is the short path to production in comparison to other gold plays imo. We don't need 5 - 7 years to production, have all the infrastructure in place, even the plant ( albeit we need an upgrade )and are , like I said, cashed up and will get new cash when management decides what to do with our mullocks. With over 36.000m of historic drilling data that are just now modelled in a 3d program, we have all the goods to make the most of our adelong gold field in the coming months. If the first assays come out with some good intercepts I think the crowd will start taking positions here massively.
 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.