ADG 0.00% 0.4¢ adelong gold limited

DDD....long term trend intact....will it double in the next 2 months?, page-95

  1. 3,646 Posts.
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    Thanks for the nice words.

    DDD does have a strong future and I would hope that some postive news comes out soon regarding gold recoveries.

    POG will be a determining factor. POG is down and I am sure this has changed market sentiment away from goldies.

    I trust and hope we have seen the bottom for POG and it will be up again. Anything over 1800 USD, with a sub .75 AUD, is good.

    I woulkd love to see POG over 2000 USD and AUD below .75. None really knows where it will head. So many scenarios and factors.

    I will get back to some more research in the near future. I would like to get a better understanding of the prospectivity of the exploration tenement south and sout east of Adelong.

    The rumour that the gold runs right under is a strong possibility looking at the reef trends.

    I have mentioned this before, one other stock I hold, is drilling on historically prospective land. Results so far have been excellent and maybe thay have discovered a monster right near a few of WA,s largest operating mines. The "proof of concept" - modern exploration techniques followed up by modern deep drilling has shown to be succesful. I think DDD realisitcally could prove up a significant upgrade.

    For those who have not read it. Here is the consultants report. Essential reading for those interested in DDD.

    here is the link

    https://www.asx.com.au/asxpdf/20200131/pdf/44dnzykbw10bdn.pdf
 
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