I tend to agree @Roostar.Any acquisition play that doesn't...

I tend to agree @Roostar.

Any acquisition play that doesn't involve truckloads of cash flowing into ADG coffers would necessitate management stretching the thin veneer of diminishing cash even thinner (at the bottom of the treasury chest). The $15M - $16M project funding required for the plant upgrade & mine development remains elusive at this stage.

Progress on site over the past 3.5 years has been limited to modest drill campaigns due to cash constraints. Drilling results have been unspectacular but comparable to historic assays from a multitude of Adelong explorers during the past 40 years that eventually decided to sell. The Market remains sceptical about ADG's ability to deliver on their gold production ambitions.

We'll see if management deliver any spectacular news on Friday for shareholders (and the Market) to get excited about.