ADY admiralty resources nl.

re its about lithium

  1. 336 Posts.
    I think it was 2003 or 04 a friend of mine, a very successful buisness man and serious investor[principaly blue chip stocks] mentioned a maybe specy ADY.His brief to me was that this company may have bright future in the mining or recovery of Lithium in Argentina, using some revolutionary method to do so.He also said that it appeared the Company was under capitalised,as they all are,but they hd another string to their bow and that was they held several IO mining leases in Chile.Apparently these Leases had been mined previously with mixed results but ADY thought that this particular venture could provide them with that much needed capital to carry them through with their Lithium project.Good in theory, however I am certain that the Company never envisaged the problems and difficulties they would encounter by adopting this strategy.It may well still work and for all the patient and terribly frustrated shareholders, let us hope so.For all of that I do agree Lithium has all along, been the aim of the game
 
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0.6¢
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