ADU 0.00% 71.5¢ adamus resources limited

I agree. Everyone is fed up with all these companies.I know the...

  1. 17,077 Posts.
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    I agree. Everyone is fed up with all these companies.
    I know the MD of HCY is trying his heart out to get it into production (expect more news over the next week or so).
    ADU is more disappointing in view of what they have already got.
    However, by the same token, comparing ADU to ORP, one would have to say ORP should be about 15c!
    Nevertheless, the fact that it has been left mainly to one broker to support these companies, indicates that whilst the some of the directors are not supportive of the companies where it matters to us, there is enormous potential upside through no help of their own, if the companies do have success in the field.
    Many more supporting brokers will have a good look at all of these companies if they can produce some substantial indications of production scenarios.
    HCY I believe has the greatest upside in view of it's very strong likelihood of a significant gold mine( nickel would be a real bonus----drilling for both to recommence very soon).
    I believe they will also endeavour to set up ADU for a takeover.
    Gry on the other hand is drilling for nickel and only has to get a good result and / or ride on the back of the other hopefulls (such as RRL; FCN)in the Collurabbie area to make a name for itself. It also has a very good prospect in Africa.
    All in all, each has performed poorly of late but upside potential is excellent for each of them with the correct director support; the desired results; and, the greater promotion of their activities to the larger audience. A "cards close to the chest" philosophy need only apply to confidential and market sensitive material. Shareholders desire more frequent advice in this now, more sophisticated market.
 
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Currently unlisted public company.

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