ADV 3.70% 14.0¢ ardiden ltd

Great to see a director buying more shares in the company, shows...

  1. 1,218 Posts.
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    Great to see a director buying more shares in the company, shows great confidence in our resource. This is Neil's second time to top up his holding, the last time he spent $10,000 to show his commitment to ADV. I always like to see Directors with 'skin in the game' and at this stage Neil has a substantial investment in the company. I think the update on the gold tenements was excellent, especially when you consider the cut off grade.

    To remain conservative at this stage of evaluation, the Mineral Resources have been reported only above a
    3.0 g/t gold cut-off grade (red zones in Figure 4 below) to reflect current commodity prices and likely extraction
    by underground mining methods. There are numerous potential down dip and along strike extensions of the
    ore zones that remain untested.


    The paragraph in bold print above was taken from our latest ANN re maiden high grade gold resource.

    All imo and DYOR

 
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