ADG 0.00% 0.4¢ adelong gold limited

Ann: Option to Acquire Adelong Gold Project, page-29

  1. 1,395 Posts.
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    If ducks line up that is possible and I would be very happy . After all it only has a $10MC so plenty of upside if they increase their resource could be a $50-$100m MC if the numbers are right . Also the macro on gold is favourable in this climate annd should remain so and increase in value given the massive worldwide printing of money so it is in the right sector . Great risk reward play IMO . We do need to see the resource number proven and we are off.
    I am set and looking forward to the story developing . It is a pity wombat has no interest as this is one that may bring exciting returns on investment and his input on analysis would be of great benefit to all on this HC thread .
 
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