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Acadian Mining Corporation ADAIF

Metals & Mining Gold


GREY:ADAIF - Post by User

Acadian Mining Corporation
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Post by CarefulEyeon Apr 07, 2008 10:31am
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Post# 14944780

How low can she go?

How low can she go?As a twelve-month shareholder of this stock, I am as disappointed as many of you (but probably not as disappointed as Greg McCoach, who has been on a limb promoting ADA for many months!). Rather than short at these levels, however, I am averaging down (in at $1.08 average, ouch). What strikes me most about Terry Coughlan's recent comments is that he expects revenues to triple this year. Unless commodity prices crash, there is no reason to doubt this. We all know the old line that the time to buy is when all others are throwing up their hands in despair. I'm betting that that time has arrived. Is there really any downside left?
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Dealroom for high-potential pre-IPO opportunities
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