Acadian Mining Corporation ADAIF

RE: What an under performer

[bungee303]

paloyan - Terry Coughlan was asked about o/s concerns at the Vancouver Resource Show this June and he stated that ADA has share buy-back plans in the future as part of increasing shareholder value. As far as the amount of o/s JMHO but for a producer it is still reasonable as they raised money several times with PPs to get things up and running quickly to start generating cash flow ASAP. Terry also said he expected the sp to be in the $1 range for a while as last PP gets absorbed, good NR, seasonal action, zinc/lead/gold action should cause movement but I agree that financials will tell the story. Stockhouse had an article last week about how the junior producers are lagging right now but in another month or so it will be their turn. AUN and CGC are producers fast asleep right now.