re: Ann: Adamus Resources Reaffirms Full Year...
Hi Guys,
I picked up some of this stock yesterday and again today it looked to me like I was playing against some kind of computer program going by the action. As I got hit on the most part of a 50K order at 0.60 only to see a one minute run up by another 2.5 cents granted on a small volume of just over 20K shares.
If my hunch is right this tells me there are some big boys currently interested in owning this stock.
I like the look of the management team they appear to be on the ball in regard to setting goals and then achieving them on time and in budget, a refreshing change to a lot of other gold explorers and budding producers and no small feat in an African country.
Providing the gold sector is not dragged down in a general mauling without the promise of Uncle Bens QE 3 until perhaps at Jackson Hole in August then we could see some action with this company in the coming months.
Of course it would also help if the relevant guy in the plunge protection scheme let one of the shackles go on the rope holding the USA $1,550.00 anchor, he appears to take his particular task in the team to heart and is a diligent character to say the least.
As always this is just information shared and certainly not advice, your hard earned over taxed fiscal powder deserves your own full and due diligence.
Cheers: Andy
ADU Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held
