adding ADV to the boneyard.with their sale of lithium assets to...

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    adding ADV to the boneyard.
    with their sale of lithium assets to GT1, theres not much left going on at ADV apart from cash and a gold project in canada

    ADV current MC @ 0.007 = $18.6m Market cap
    $29m cash & liquid assets
    asset backed (1:1) cash = market cap gives us 1.1c (so not quite 2x the price)

    pickle lake gold project; largest land holding in the area. next door and on trend to Barrick, Newmont, AuTeco, Evoloution
    has to be worth at least $5-10m easy
    $29m cash & liquid assets+ pickle lake= $35m fair value MC = price of 1.3c
    basically double current price
 
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