Accumulation by bigger players continuing. ADU is getting more interesting to bigger investors as it approaches production in early 2011.
It will be interesting to see what they find from the new exploration program. A resource upgrade of the gold oxides would be great, not so sure about what finding gold sulphides would do for the price.
I sure hope this was the end of capital raising surprises, except if they need to issue some shares to list on the TSX.
loki
ADU Price at posting:
63.0¢ Sentiment: LT Buy Disclosure: Held