ADY 0.00% 1.4¢ admiralty resources nl.

too quiet - expect upward run again

  1. 2,712 Posts.
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    With low volumes and further consolidation again today, I suspect the stock is getting ready for another run upwards later this week. There is little depth showing on either side of the ADY market. It's very quiet.

    As history has shown, the accumlators are likely to again move on the stock soon, as they realise the selling is drying up, and further carrots are needed to attract any further selling. Yes, at a higher price.

    Would expect to hear some further news soon IMHO.

    Does anyone know when to expect an update on the Top20, an update on the ADRs in NY, or an update on the Iron-Ore or Rincon Salar projects ?
 
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