GREY:ADAIF - Post by User
Post by
JonEcashon Mar 21, 2007 7:27pm
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Post# 12463724
Today''s NR.
Today''s NR.Even though I think the acquisitions add even more value to a company who's market cap is not reflecting it's true worth already, I still have some questions:
1) I'm a little curious as to why they would foray into borite when it isn't listed as one of their corporate objectives. I figured that they were pretty clear on bringing Scozinc up to speed in order to fund their gold projects. This is just another cash-requiring project.
2) Also the NR wasn't clear about the consideration that ADA provided in order to obtain the claims.
Anyone have any thoughts on this, or is able to call management to find out? I would call myself but am on the opposite coast (being in Vancouver, lame excuse I know). I already sent an email to them and will post whatever reply I get.
TIA,
J$