ADY admiralty resources nl.

They did indicate in the release on the latest dilution that...

  1. 14 Posts.
    They did indicate in the release on the latest dilution that some of the funds would go towards exploration of the Southern Harper region. This was stated as an entirely seperate matter from their JV dealings - so I wouldn't neccessarily read this latest release as an announcement of total JV failure.

    Good on you for getting out though, I'm still in... Got caught out when John Anderson dumped his shares - being a newbie trader I didn't have my SRN at hand so couldn't sell (I'm an NZ based trader). If I had I would have walked away with losses of 8.5% and never would have had to look for positives in reports from ADY again... right now I'm sitting on 40% losses and still riding the leaky ADY boat. As I only took a small speculative position I haven't been nearly as burnt as many other ADY investors.

    I'm prepared to chalk the whole speculative venture up to experience, though will welcome a pleasant surprise by way of a sp bounce.
 
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