ADG 0.00% 0.4¢ adelong gold limited

DDD - Looking better and better!

  1. 70 Posts.
    lightbulb Created with Sketch. 37
    smile.png smile.png Very pleased to see the DDD Placement Announcement today! smile.pngsmile.png

    A further $206,500 has been raised which will help the company continue its operations and upcoming drill program.

    Seems that many investors may have been holding back on this company, believing a further cap raise was required that would dilute the current capital.......

    HOWEVER...................This additional amount will not dilute the current share capital.

    In my mind, it seems that the price needs to go higher for the new oppies to have some value.......i think this will happen because:

    - We are in the right environment - GOLD is being highly sought after through this pandemic
    - GOLD prices are still trending upwards
    - Drilling program on its way

    Looks like this story is going be a great one in the months to come!

    Remember DYOR
 
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