shougang steel, page-16

MARCO10 said "Take over is unlikely at this stage because the company has much more potential in the next year or so"

The untaped known 'potential' is exactly why they could be taken over, not the opposite.

The Rincon project is worth US$1.16 per share (PE of 10) or .58c (PE 5)and don't forget they have sufficient land to build extra settling ponds to double production.

Someone could walk away with ADY for .60c per share today and split the company up to extract it's true value imo.

ADY is where it is today mainly because of delays, sloppy announcements, O/P did not help but if that was the real reason for the low share price it should be back up to 30c or so today.

Oh and while I'm at it PT needs to stop patching up his poorly constructed announcements on chat sites!