broken out, page-9

Agreed.

ADU has very sound management. Regularly keeping shareholders informed on progress. The POG is still very good and ADU will do very well (despite the hedge), especially if they prove up more gold and expand production beyond the planned 100,000 ounces per year. This is a great medium to longer term goldie with lots of upside.

The problem is the general sharemarket. Most non-producing goldies have been hit over the last week or so. I suppose some speculators who have losses from other shares are selling out of ADU to be square overall, while investors are standing back from the sharemarket.

loki