A relief after so many false alarms and collapsed companies after 1996 that gold is actually being found on the Eyre Peninsula in quantity at reasonable depth. ADN seems to have positioned itself very well -as well as the joint nickel venture with Inco at Barton, it has now struck promising gold intersections with Newmont at Baggy Green and has moved all its equipment over there post haste. This company actually seems to know what it is doing.
I picked this one up as a chart buy, and although it is now at top of channel, I believe I will hold as this company now seems to be in a position to begin to show results for 7 years of hard work.
A relief after so many false alarms and collapsed companies...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $113.4K | 7.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 7789547 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1801036 | 11 |
View Market Depth
| Last trade - 14.42pm 08/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |