ADG 0.00% 0.4¢ adelong gold limited

Ann: Adelong Drilling Results and Exploration Plan, page-56

  1. 1,945 Posts.
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    Yeah I agree guys.. after unloading a few gold stocks I've not reduced my holdings in this company..
    it is simply too far advanced. I'm disappointed with processing time on results however I did have suspicions that we may be in for a surprising announcement when it hits the market.. eg: official increase in JORC resource.

    investors need to understand how far in front we are compared to other exploratory companies with an existing processing plant established "and growing" JORC resource and permits in place. It can take companies years to get to this stage..

    also looking forward to december's announcement regarding the IPO and shares to be allocated to shareholders.

    I think we should see a steady climb in the gold price heading towards Christmas which should put a lot of investors mine's at ease..

    all indicators still pointing towards strong growth in the gold price in the new year with most agreeing on a target around $2500

    Last edited by deedee33: 28/11/20
 
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