ADY 10.0% 1.1¢ admiralty resources nl.

re: Ann: JORC compliant Resource Statements f... Darlin and...

  1. 307 Posts.
    re: Ann: JORC compliant Resource Statements f... Darlin and Sleekback, just an example for you.
    Say you bought @ .60c for $10,000 worth = 16,600 shares.
    Now you can buy @ .019c x 16,600 shares = $315.00
    Buy $1000.00 of ADY @ .019 = 52,600 shares.
    If 52,000 + 16,600 = 68,600 shares.
    IF ADY goes to 8c you have got your MONEY back.
    If ADY goes to 30c you have got $8,500 profit..
    All for a thousand dollar risk ? :)
    Just a thought that may help ease the stress.
    Stormboy1 DYOR
 
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