Ann: Becoming a substantial holder - Sprott, page-26

Everyone has to make their own decisions around taking profit. ADT has had an exceptional run over recent weeks which may prompt investors to sell and take profits however this may be a mistake as this is  possibly only just the beginning.

All the takeover stuff aside it is worth considering that we are in the initial stages of a commodity bull cycle. As part of that cycle Silver is touted to be one of the metals to reap significant gains in price. It may even be the metal that sees the greatest gains associated with this cycle.

If silver makes huge gains whilst Adriatic is moving towards production, expanding its resources, expanding its tenements, making new discoveries etc etc then Adriatic's share price could go well north of current expectations. If this does occur then taking profits at current levels could be quite painful to say the least. Riding your winners can be the difference between good gains and spectacular gains!

If you are invested in ADT then I would highly recommend listening to this interview with Eric Sprott where he discusses his thoughts in regards to Silver. It is very thought provoking and provides an insight into the potential future value of a company like Adriatic. Have a good weekend.