ADG adelong gold limited

"Coping"? I think I've got a much more realistic view of the...

  1. 1,890 Posts.
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    "Coping"? I think I've got a much more realistic view of the time frame it's going to take to get the plant operational, it's you who seem to think that GDM can commence operations and pour gold within 2 months, and if they can't, it's a failure. As I said before, if it was that easy why would be they being given 12 months and half the project to do it? Vertex minerals are the most similar stock I'm aware of on the ASX, they've been refurbishing a plant since December and still haven't poured any gold. Does this mean it's a failure? Clearly not, as they have a $60m MC compared to our piddly $12m. SP is irrelevant from a company valuation perspective.

    Nearer term upside will be exploration results IMO. Unless you're being disingenuous, you see to have a very poor understanding of gold mining exploration and operations.
    Last edited by Mastatrada: Friday, 16:03
 
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