ADU 0.00% 71.5¢ adamus resources limited

** gold stock set to soar **

  1. 24,765 Posts.
    I have had to start a new thread as HC search etc. does not appear to be working.

    Technically speaking a close above 53c. is bullish.

    Next chart targets become 70c, 90c and $1.00.

    Let's not forget that ADU ran from mid 60s in November 2003 to over $1.50 two months later.

    The company has continued to focus on what it is doing well - proving up measured and indicated ounces of gold. It was just overvalued back in early 2004.

    Now with a much stronger gold price and a more bullish outlook for gold than back in early 2004 ADU has reached the other market extreme - of being massively undervalued.

    This stock can move fast.

    Selling depth is also currently very thin.

    With a very exciting drilling programme commencing in the first week of this month I expect big things from ADU in coming months.
 
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Currently unlisted public company.

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