Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

Bullboard Posts
Post by maldororon Mar 18, 2004 12:56am
196 Views
Post# 7227674

Acadian Gold intercepts Bonanza Grade Gold

Acadian Gold intercepts Bonanza Grade GoldThese are fantastic results!!. First key observation: The drilling program continues to validate the succesful application of the "Ribbon Model".Management continues to be pleased! Second key observation:As a result of the success of the program, another drill will be added and the Forest Hill program will be expanded to 10,000 meters(doubled from 5000 meters). Third observation: The three holes that missed high grades were holes that were drilled through old stopes(old workings, therefore no surprise). Fourth observation: Current target zone has strike length of 800 meters but the strike zone extends another 1200 meters to the east(historical data)and future drilling will be concentrated on extending ribbons in multiple veins, a distance of 1500 meters east of the most westerly drill intercept. Fifth observation and first information nugget.Acadian Gold will attend the New York City Gold Show which bills itself as the largest gold show in the world!The dates are June 2 and 3, 2004. Sixth observation and second information nugget. The company's objective is to outline a resource(if you do not know what that means, please look it up in a mining term hand book)and have that outlined resource in hand prior to the gold show in New York. Acadian Gold's management has received a number of proposals from public relation companies and expects to appoint an outside p.r. firm in the near future to ensure proper dissemination of corporate plans, developments and results to investors in Canada, USA and Europe. All press releases are vetted by a geologist who works for the TSX Venture Exchange and among other things he is charged with taking out words such as -fantastic- superb-dynamic- etc. Consequently these releases in general understate management's enthusiasm and specifically in the case of ADA. To sum up: These are fantastic results and they should bode well for the future price of Acadian Gold. ADA is without a doubt a stock that up till now has had little exposure among the investment community and that is expected to change dramatically in the near future with concommittant results for the price of the stock. Maldoror, your charming confidant and penitent sinner.
Bullboard Posts