ADU 0.00% 71.5¢ adamus resources limited

HotfireWell spotted, and thanks for posting it.I take it that...

  1. 10,469 Posts.
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    Hotfire

    Well spotted, and thanks for posting it.

    I take it that ADU is just a short term trade for you, or would you wait for a possible takeover? I have been in since later 2009 and have added along the way. This was meant to be a long term investment in a gold producer.

    I imagine if an offer comes it will be at a lowball price, say $1 or slightly higher.

    Unfortunately the 290,000 ounce hedge at $USD1075 will constrain ADU's profitability for a few years.

    loki
 
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