well I'm down twice as much as you, so I understand the pain/frustration of it. But really your time to get out was when the Chinese started flooding the nickel market. If you have held on this long, I would think you are mad to sell now....like whats the point to sell now if you didn't before?
The Parkes project has a jorc resource of (off the top of my head) about 115,000 ounces of gold. On that alone ADD should be valued higher. Allan and team have done well to secure that project and if they can keep finding more ounces then you and I both may just get our initial investment back and then some.
I'm not here to be a cheerleader. I don't agree with every move they make but I do know that Allan and team are putting the hours in. They had to consolidate the share register, they had to raise money...there was no way around it.
Ann: Successful $2.65M Placement to Accelerate Parkes Drilling, page-7
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