ADG 0.00% 0.4¢ adelong gold limited

WHAT ABOUT COSMO?, page-38

  1. 7,831 Posts.
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    @GravityWaves

    ok lets compare the pair...

    we both have got $41,000 to invest and make money, for that is what we are here for correct?? and as you did from the rise on 3DP from 15c to 91c+ and well done at that...but looking at it now at this current moment and position on both companies deciding what to do with $41,000

    3PD - 742M SOI currently sitting at 0.041c and $30m mc and you have buy sentiment and have had since its fall from 91c+
    (Have not researched why the price spike nor why the price drop, have not read into projects, management, their current holdings, cash position etc etc)


    ADG - 1B SOI there abouts , after all raises currently sitting at 0.003c and $2.64m mc and you have a none sentiment here in which we have dropped from 9c equivalent post consolidation.. from my previous posts I have stated why I am optimistic and positive here right now

    OK so now lets look at figures..

    $41,000 buy of ADG at 10m x 0.004c = $40,000 and some change currently $2.64m mc
    $41.000 buy of 3DP at 1m x 0.041c = $41,000. currently $30.46m mc.

    Can ADG get back to $30.46m mc on the back of the 2 current projects, cash positions, possibilities of gold production say 12-15month time, and some Pegmatite or spodumene hits in Brazil in future drilling etc, that would give the new share price 2.7c for ADG & a total return of $270,000, $230,000 profit

    What price and catalysts will 3DP need to give is the same return ...3DP will need to reach 27c and at 27c we are looking at $200m mc, like I said I know nothing about the rise and fall, the company, projects etc, I am just look at getting the best value and returns for money I choose to invest.

    " If the ADG share price had climbed from $0.015 to $0.92, my guess is shareholders would have made truckloads of coin...so in actual fact the 3DP chart (with its number of really spectacular SP climbs & peaks) is something ADG needs to aspire to before it even comes close to 3DP's share price achievements (both past & present ?

    As you stated here, yes you did very well on you pick (congratulations) I will not deny that, ADG does need to aspire to it and hopefully it can, we don't know the future but I will run my risk v rewards here at present and truly hope that we can become the quickest next gold producing junior in Australia.


 
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