GREY:ADAIF - Post by User
Comment by
JonEcashon Oct 09, 2007 5:52pm
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Post# 13543704
RE: What an under performer
RE: What an under performerFully agree with bungee303's post.
IMHO (and investors here can do what they want), if you like a base metal producer, I would say that with similar share prices the thing to do is take some money out of this one and put it into AUN. The reason being that AUN is about 2-3 months ahead of ADA in the production timeline.
AUN ended it's commissioning phase towards the end of June so that it's Q3 (July-Sept) f/s will tell a proper story regarding production results. These results are due out in November. ADA, as their last MD&A stated, will not be able to claim optimal production until it's December 31 quarter-ending f/s. Those will probably be released February 2008. So why wait and have your money sit?
J$