re: shhhhh
Siamese now if you want to accumulate don't tell anyone!
Agree ADU seem to represent better value than a lot of the goldies out there. But on the proviso that they are a considerable way out from production.
The only -ve I have is that a lot of the resources @ Anwia are fairly deep- down to 400 meters are lowish grade (sub 2g/t) with arsenopyrite ......so a lot of the present resources @ aniwia will never be mined.
On the bright side Salman looks pretty good. I would not be suprised if a TO does eventuate...Best candidate for that are either Golden Star or Anglo Ashanti to source feed for Idupriem. However Golden stars plant @ Bogoso is set-up to treat sulphides. Anglo did look @ Anwia a few years back but rejected it.
Would have been better if St. Jude and Adamus merged...would have had a 2 million ounce stand alone company.
ADU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
