Actually touched $1.60 however that contained a fair bit of blue sky & less shares than now on issue, I can only suggest that share price sometimes gets ahead of itself & unfortunately then drifts to oversold levels 35c in ADU's case & then rebounds.
These guys are putting together quite a good deposit & the more oz that are added to the resource the higher any t/o price should be. 2m plus oz is the next target. The juniors do the work & the big boys move in & offer.More gold higher gold price make an offer. i predict several gold companies will get t/o offers in the next year or so.
Time as ever.
ADU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held