ADV 3.57% 13.5¢ ardiden ltd

Ann: Ardiden Corporate Presentation, page-23

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  1. 1,644 Posts.
    lightbulb Created with Sketch. 804
    That raises a good point of how ADV can fly under the radar, in that they have multiple tennaments, strikes, and so far have done due diligance at some but not all resources, and are still in early stages of getting everthing on paper.
    They are contuining with exploration at various sites to uncover further potential, but at the moment, results are spread out and they are still very early in a drilling campaign to define multiple resources..

    Outsiders without the background knowledge will see the lack of one big intersection or a single large body which proves a minable/economic resource, and continue on to the next prospector..

    The value is in the whole picture,,, which is slow in it's revealing..
    The more fortunate thing short term, I believe, is that their graphite play is clearer and stronger from a headline perspective, and this phase of graphite drilling hopefully gives a full enough picture to have potential holders convinced that there could be winning strategy in what ADV are persuiting....
 
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3 66987 13.5¢
 

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