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1.82%

13.5¢ ardiden ltd

The riskADV is 50 millions market capwhat they gotnot much

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pakkham

12,270 Posts.

626

18/11/20

22:08

Post #: 48972868
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Originally posted by eason2946: ↑

@rdenniri

Sad to see anyone had to take a loss but you gotta do what you gotta do.

Personally I don't think ADV wanted to "pumped" with visible gold story. It's their obligation to continuous disclose any price sensitive information as soon as they are aware of. I bet if the same thing happen but the BOD didn't announce it, investors will accuse them of not doing a good job communicating that to the market. Damned if you do and damned if you don't.

Secondly, it's not pathetic drill results if we haven't seen the complete picture. It's more that we've only seen a parts of the drill program and everyone expected 'golden nuggets'. Remember, to date only a tiny fraction of Kas's drill program has been released and there's also other projects such as New Patricia, South Limb and West Pickle etc.

I won't be selling until I see more results and truly understand just how much gold resource is within ADV's land holding. It might be that there's very little gold but I'm willing to accept it because this is always the risk of investing in exploration companies.

If you can't accept this risk then I suggest you look somewhere else.

GLTAH and DYOR

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The risk
ADV is 50 millions market cap
what they got
not much

ADV Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

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(20min delay)
Last 13.5¢		Change -0.003(1.82%)		Mkt cap ! $8.439M

Open	High	Low	Value	Volume
13.5¢	14.0¢	13.5¢	$3.773K	27.81K

Buyers (Bids)

No.	Vol.	Price($)
1	9239	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	167692	3

View Market Depth

No.	Vol.	Price($)
1	9239	0.135
1	90392	0.130
3	151310	0.125
1	20000	0.120
2	86903	0.115

Price($)	Vol.	No.
0.140	167692	3
0.145	4069	1
0.150	50000	1
0.155	208072	3
0.185	45000	1

Last trade - 13.43pm 12/07/2024 (20 minute delay)

ADV (ASX) Chart