ADN 5.88% 0.8¢ andromeda metals limited

Well i would not get too excited folks.The SA labor government...

  1. 2,854 Posts.
    Well i would not get too excited folks.
    The SA labor government are saying they fast tracked the mining lease and they are responsible for the find here however the minister was very quick to point out that this is far from a mine.
    ADelaide Resourses boss said they will need to find 5 million dollars to continue to explore.
    This stock rising from 4.2 to over 20 cents was IMO completely over bought and spruiked by daytraders and professional spruikers.
    Was some great cash to have been had but!!
    I would expect to see it below 10 cents within a week or so until the company does some more drilling and see what the next round brings.
    All IMO
    Cheer
 
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