My bad - FFM production facility not located at Pickle Crow.

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SoWoEverLike

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26/02/24

12:18

Post #: 72596048
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Originally posted by SoWoEverLike: ↑

My most successful gold investment over the last 5 years has been Capricorn Metals.
Nero were early backers of CMM with Doug Jendry chairing the co for a period prior to Mark and the ex Regis guys coming over during a board cleanout. There was also a consolidation and renaming followed by a reworked DFS and shortly after a FID.
Similar to ADV, Capricorn began to divest non-gold assets during this time to focus on gold. (Graphite/Vanadium in Madagascar)
Potential synergies also exist with neighboring Firefly (FFM) headed up by Steve Parsons (Founder of Bellevue BGL).
I am inclined to believe that Mark and Steve are not only extremely competent and successful gold mine developers but also competitive mates and respected industry veterans in both my opinion and the eyes of Nero (Rusty). Mark and Steve are co-backers in another micro-cap BVR giving some credence to my assumptions of 'friends not foes'.
I have spent quite a bit of time researching FFM (formerly Auteco) but have not entered as yet. I hold a small parcel of BVR.
For the first time in 5 yrs of holding CMM, Mark travelled overseas for a presentation at Beaver Creek Colorado Mid Sep 2023. Prior to this, just the annual Diggers and Dealers. Also present at the summit were Auteco (now Firefly) and BGL (Bellevue).....
In short - ADV now have Nero and Doug. ADV have excellent tenure and obvious potential for significant gold discovery/s.
Right next door lies a production facility and arguably the GOAT of underground gold mining development in Australia (Steve).
Though Mark to my knowledge is not involved in ADV as yet, doesn't mean that he isn't or won't be in the future, either in the capacity of adviser or shareholder. I regard him as the GOAT of Australian Open pit gold mining.
Given the assets, the potential, and the tiny market cap (below cash backing) I have recently bought into ADV and wish us all the best.

@puppyeh
Any opinion on this one kind sir?

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My bad - FFM production facility not located at Pickle Crow.

ADV Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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