ADT 2.38% $4.10 adriatic metals plc

Ann: Further Northern Extension to High Grade Mineralisation, page-48

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  1. JID
    3,568 Posts.
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    Thanks PT,

    I too think, in part, this relative undervaluation is because the story isn't as simple as a pure gold mine. Secondly, i think the location affects sentiment - not many know about Bosnia other than the War. My investment in NSU led me to research the area more closely.

    In ref to Dalradian, i stopped following some time ago when i sold but ADT may be superior due to geological complexity at Dalradian's mine (Brent Cook) and the local Irish opposition to the mine.

    Like you, i am growing my position here and not intending to liberate these shares anytime soon.

    (Also, thanks for sharing your research on this and others on Twitter. As it turns out we have quite a few common investments, e.g. NXE, CGP)

    Cheers
    John
 
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