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Adamera Minerals Corp V.ADZ

Alternate Symbol(s):  DDNFF

Adamera Minerals Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company holds the mineral claims and permits: Cooke Mountain Project, Empire Creek, Buckhorn 2.0, Hedley, and Others. The Company holds a 100% interest in the Cooke Mountain Project. The Cooke Mountain project includes the Goodfoot, Lamefoot South, Overlook, Oversight, Lambert Creek and the HLK claims. The Empire Creek property is located on the western margin of the Republic of Graben, six kilometers (km) south of the K2 Mine. The Buckhorn 2.0 project area located in Northeast Washington state covers 9100 acres (36 square km) and extends more then 10 km to the Canadian-United States border, along the western margin of the Torada Graben. Its Others claims and permits include Talisman, Flaghill, and Nunavut and Northwest Territories. The Talisman is engaged in the Washington, United States and British Columbia, Canada.


TSXV:ADZ - Post by User

Bullboard Posts
Post by JamesEbischon Apr 04, 2015 8:50am
121 Views
Post# 23596528

Do Not Despair

Do Not DespairFor those who worry about Adamera, there is no certainty that they will survive these hard times, but I might point out that the reason they have a 1.7 million dollar market cap now is the quality of their projects within a short distance of an existing mill in a well-established mining district where the public historically supports mining. Compare that to many of the juniors that are illiquid, and have six-figure market caps at a 1 cent share price. Financing at $0.05 is doable for small amounts, unlike financing at $0.01. And, Adamera is struggling to go forward because they have no other choice. Failure is not an option. Management is not wealthy, and their future depends upon success. There is no better incentive for success than the vision of becoming destitute. You can be sure that someone with money and vision is probably looking at Adamera as a possible takeover candidate or a private placement at these ridiculous low prices. The recent discovery of historic Echo Bay drill holes on their Oversight property with long intervals of high-grade gold really changed the company value, although the market does not yet fathom that concept. Opportunities like this can certainly create a profit if all goes well. Especially if we are at a low in the cyclical gold price right now. With significant gold grades, a company has more options for success. Maybe they will end up with the mill through some kind of royalty agreement. Maybe they will just be bought out by a junior producer. Maybe this is the beginning of a new mining company evolving from a junior explorer. There are many possibilities given the favorable parameters at play here.
Bullboard Posts