ADY 0.00% 1.2¢ admiralty resources nl.

for what it is worth, page-9

  1. 5,867 Posts.
    So a shelf company icorporated 10 days ago is going to buy Ricon and give you $30 odd million over the next little bit?

    Have not any of you guys queried where the the money is going to come from ? A shelf Pty Ltd company for goodness sake! No mention of its shareholders, financial capacity etc. Jeez loise!

    Then you run fanciful iron ore figures on what is a pathetic grade orebody producing two fifths of five eigths of FA! Have you not read papers, looked at what is happening to competitors? The iron ore game for juniors just came to a screaming halt. Look at MGX, FMG etc.

    And the blessed grade-just read hergerrs comments once again and do some research please.

    The stock has had question marks on valuations, directors track records, financing mechanisms, hype, then Optus with directors greed and so on.

    Have limited time for people who do not even arttempt to do the first layer of research but are quit happy to rave about a stock on Hot Copper! Tisk.

    Cheers,TAS
 
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