ADG 0.00% 0.4¢ adelong gold limited

Hi @asx11, the Paracuta Gold Mine is one of the largest gold...

  1. 1,654 Posts.
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    Hi @asx11, the Paracuta Gold Mine is one of the largest gold mines in Brazil & located in the Minas Gerais region only a few kilometres (i.e. Melb to Sydney distance) away from the ADG tenements (refer below map). There's a slim probability (i.e. wafer thin graphene thickness type of slim probability) that ADG might deliver an unlikely gold discovery miracle (instead of finding lithium) & then we'll all be millionaires (maybe)...smile.png...however I hasten to add that during the past 11 months ADG management have found it too difficult (or just couldn't be bothered) making the necessary arrangements for a single drilling rig to visit the Adelong site & drill a mere couple of hundred metres.

    There's plenty of room (as in truckloads of near empty space) for ADG's performance to improve however nothing is certain about improvement unless it actually materialises. If it all turns to burnt custard for ADG...not a great result however it'll be a useful capital loss tax offset at the very least.

    https://hotcopper.com.au/data/attachments/6052/6052979-f4076f2d8afaf5e3771452e177fc8f8d.jpg
    Last edited by GravityWaves: 24/03/24
 
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