Archer-Daniels-Midland Co V.ADM

Primary Symbol: ADM

Consumer Defensive Farm Products

Archer-Daniels-Midland Company is a human and animal nutrition company. The Company is an agricultural supply chain manager and processor. It operates through three business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds into vegetable oils and protein meals. The Carbohydrate Solutions segment is engaged in corn and wheat wet and dry milling and other activities. The Nutrition segment is engaged in the manufacturing, sale, and distribution of a range of ingredients and solutions, including plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients.

NYSE:ADM - Post by User

Archer-Daniels-Midland Co > good after the bell update

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Comment by WeavAdmon Sep 16, 2010 10:04pm

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Post# 17458797

RE: good after the bell update

I agree, they have too much gold to ignore. However, I'm not too excited with this latest news release. They now have less M & I resources with a higher gold price. Thank god they improved the grade by 14%. I'm still long ADM but I don't think this news is anything to get excited about.
Also, at the bottom of the news release they stated that this does not include the 500,000 ounces at the Ojo de Agua zone.
So we still pretty much have the same amount of ounces of gold (M&I) but at a higher grade. I was just hoping that we would have both a higher number of ounces and grade.

Cheers,
WeavADM.

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