A litle bit of positive feed back (sounds more like a double negative but anyway...) and I feel better already. You are right, there are many companies valued at around AUD$40 per Oz and as rediculous as it seems that is a fact of life.
My beef I suppose is that ADU is about 2 years ahead of most in terms of reserves and mine development, significantly derisked, a standout takeover candidate and should be better valued withstanding the general malaise in gold specs.
For what its worth ADU is a lay down misaire. I am already pretty full on them already but at these prices I might have to have one more waffer. If they are not over $1 by end of June I will run naked through HC!
cheers
ADU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
