ADV 0.00% 13.0¢ ardiden ltd

Do your own research

  1. 51 Posts.
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    It's your hard earned $$ so do your own research. There are always the big and small players telling everyone to sell when they are accumulating, conversely, they tell you to buy when they are off loading.
    Case in point, the Morgan Stanley/Galaxy story floating around.
    As for ADV, I'm pleased that the experienced and reputable Peter Spitalny has joined the board. Someone of his calibre doesn't step up unless he is confident he can add value.
    The current share price is not pleasing, let's be frank. To those who bought in when it was in the .02s and .03s, stay strong.  
    If you are in a position to average down...no better time than the present.  Sure as interest rates will rise, the ADV sp will too.
    Whether you are a long term holder or your strategy is to take profits when you can....that's fine, just don't miss out on the opportunity at hand.
    Again, do your own research, don't just follow blindly.
    More on Peter Spitalny joining ADV...

    Canadian focused explorer and developer Ardiden Limited ("ADV" or "the Company") (ASX:ADV) is pleased to announce the appointment of experienced exploration geologist and pegmatite expert Mr Peter Spitalny as a Non-Executive Director.

    Mr Spitalny is a well-respected exploration geologist who holds over 25 years' experience in mineral exploration focusing on lithium, manganese, copper, nickel and gold, and has worked in various mining jurisdictions which have included Australia, Canada, South America, Africa and Europe.

    Most recently, Mr Spitalny completed investigations for AVZ Minerals Ltd on its Manono Lithium Project in the Democratic Republic of Congo and was the first geologist to recognise that there were three types of pegmatites present at Manono. His recommendations of exploration priorities and strategies have been implemented and he continues to provide his services as Competent Person during the resource-definition drilling being completed on the Roche Dure pegmatite.

    Mr Spitalny stated that he was looking forward to joining the Board of Ardiden and utilising his vast experience of knowledge within the lithium sector to help progress the Seymour Lake Lithium Project and build upon the solid foundations that have already been set for the project, whilst assisting Ardiden in the overall advancement of the diversified project portfolio in Ontario, Canada.

    "I'm extremely excited to join the Ardiden team and look forward to exploring the lithium prospects within the Seymour Lake Lithium Project which are likely to be larger and more abundant than outcrops suggest. I believe that Seymour Lake Lithium Project has significant potential to become a supplier of high-quality spodumene concentrate, and I am looking forward to helping the Ardiden team realise this goal."

    Neil Hackett, Non-Executive Chairman of Ardiden said the addition of Mr Spitalny to the Board is another positive step forward in the company's strategic plan of progressing the Seymour Lake Lithium Project towards production and the advancement of Ardiden's project portfolio in Canada.

    "I am delighted to welcome the highly-experienced Mr Spitalny to the Ardiden Board. We are looking forward to working with Peter in progressing our flagship Seymour Lake Lithium Project and growing the project in size and scale. With Peter's considerable lithium experience, we continue our strategic focus on building Seymour Lake towards a project that can become a high-quality lithium supplier to both the North American and Asia markets."
 
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