ADN 0.00% 1.7¢ andromeda metals limited

Lifestyle company? Normally those types of companies chase the...

  1. 685 Posts.
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    Lifestyle company? Normally those types of companies chase the latest fad and change direction on a regular basis. They kick around a few rock chips, put a few holes in the ground and do some magnetic surveys etc. They rarely ever get to BFS for a project - at least none of the lifestylers I’ve seen get there…..

    If you look at ADN, they’ve sold majority of other tenements, have made it to BFS and whilst Bob is leaving let’s not forget the nearly $500k he purchased at 3 plus cents. Not the usual activities of a lifestyle company, they look to be focussing up on the project.

    I wouldn’t personally say this is a lifestyle company, whilst it’s been slow, it’s not like these guys are buying up tenements and moving to latest fad in minerals…..
 
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