ADD 0.00% 0.3¢ adavale resources limited

I admire your optimism LT! But I feel it might be a the next...

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  1. 601 Posts.
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    I admire your optimism LT! But I feel it might be a the next announcement that either takes us back up or adds more selling pressure..

    For me as someone who doesn't work in mining, what I was looking for from this announcement was that the assayed results match what the XRF showed. My understanding is XRF is always very conservative with grades because it is less reliable. So, I was actually hopeful that the grades from assays may have been closer to the 2% range of the range stated from XRF. Given it has gone very much to the lower end of the range, it's a bit of a disappointment.

    For the record, I haven't sold any as there is plenty of work to be done so its still early days, but maybe those that have sold this morning would rather wait and watch from the sidelines, than watch while holding.
 
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