pgamblehistory shows that Rincon had a multi million dollar...

pgamble

history shows that Rincon had a multi million dollar resource but directors could not find a JV partner for funding even though ADY said they had many interested parties. So the ponds and tin sheds had to be sold for peanuts.

will history repeat with multi million dollar iron ore pits with no JV partner and a need to sell at a discount??????

Notice how the Board now qualifies their JV statement by saying that they may have to go alone. Only a few weeks back there were 15 interested parties anxious to participate. A bit like those parties that were to privide $20m funding as per last years Annual Report. They disappeared overnight.

Its the same finance guru running the show as ly.

Tell him to actually buy some ADY shares so that we can see his real commitment!