ADV 0.00% 14.0¢ ardiden ltd

falling sp, page-8

  1. 165 Posts.
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    I think ADV has suffered from a combination of the sell off across the Li sector (I have other Li exploration stocks that also took a tumble yesterday) and to some extent global uncertainty. WW3 is most unlikely but tensions in North Korea and Syria will impact global markets especially since they involve the worlds largest economies - USA, Russia, China and Japan. I believe that ADV has good medium to long term prospects and a jurisdiction like Canada is safe place to be exploring and mining, as is Australia. World needs Li and will need more so demand has not changed. A bigger concern is the potential of oversupply in a few years as many of the explorers move into production however that is a few years away.
 
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