ADT 0.61% $4.11 adriatic metals plc

Ann: Thick High-Grade Intercept Extends Rupice to the North, page-155

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  1. 536 Posts.
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    I gave plenty of caution re potential for 'sell the news' response due to slowing pace of news (re-sequencing of holes due to rain and batching of cores to lab)... doesn't change my mid term upside tgt to $1.80+

    I am pleased the company put out assays for hole 5 right off the back of holes 4 and 6... the sell down would have been vicious absent the stellar assays from hole 5.

    In fact, I am much more comfortable buying dips with continuity of grade-thickness and am very intrigued by the copper hit. Zonation and spatial arrangement could be indicative of heat source or feeder where metal tenor may get even better.
    Last edited by PamplonaTrader: 17/07/18
 
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