Acadian Mining Corporation ADAIF

driling results and plans

[maldoror]

I believe that the 12 hole drilling program has been completed and that drilling results for all 12 holes will be announced as soon as the results are available from the assaying lab. Best expectations for the announcement is sometime between now and the end of next week. Recent market action indicates to me that there is a degree of nervousness among some shareholders who are very short term oriented and are disappointed by the slow process in reporting drill results and therefore have decided to sell all or part of their holdings in the belief that no news is bad news.If one looks at the market's reaction to what are considered to be good results by ADA's neighbour, UNO, you might not want to see any results, good ones and certainly not poor ones. In the case of UNO, good news was essentially interpreted by the market place as no new news as that stock has been essentially flat, notwithstanding a great deal of trading and active noise on its bullboard, but then noise on a bullboard is probably just that, a good indication that most posters are suffering from Tourette's syndrome . After the results are out, the company is probably going to do an IP survey to give them the targets for further drilling. Regardless of how many shares one owns, keep in mind that there are two major shareholders who between them own 15 million shares. These competent large shareholders are actively involved in managing ADA and their interests are the same as any shareholder and that is to come up with sufficiently good results that will get the attention of investors so that the price of the stock will move up. Normally this is called enlightened self-interest and their efforts will benefit all shareholders. Paranoic statements from small shareholders about perhaps not being informed in time are off base. For several reasons it is clear, except to the willfully blind, that management of ADA has to act like Caesar's wife (above and beyond reproach) and in effect is doing so( one of the main reasons why I own shares in ADA). Patience in owning shares in ADA is something that will reward the investor. Your charming confidant and penitent sinner, Maldoror.