GREY:COLUF - Post by User
Post by
Goldman9on Jan 18, 2012 2:14pm
489 Views
Post# 19418084
ADNT gold properties just 500 m away CSI:
ADNT gold properties just 500 m away CSI: ADNT.pk,
.18. It was as High as $5.75 in 2011 with huge gold properties.
Shares Structure
Total Shares Outstanding: 16,013,000
Insiders holding: around 11 m shares (from high $5.75 to
.17, Vast gap down)
Trading float: 5,338,980
Extremely low S/O and float. (Never done R/S).
It did 500k shares financing at $3.85 in Sept. 2011.
Its gold properties are circling Anglo American's (AAL.L, mkt. values: $3 trillion) and Yamana's (NYSE: AUY, $15), and 500 meters away from Colossus Minerals (TO: CSI, $6.25 ) gold properties. Once its gold reserves are proved, it'll be huge!
Target: $10, see analysis:
https://www.investrend.com/ADNT-Initial.pdf
ADNT was Over-over-Sold, Irrationally, at the end of last year and it'll be strongly rebounding to dollars ranges this year, as gold is keeping up solidly.
Expectations:
1. Going back to
.4-
.5 (the 1st gap to be filled);
2. Going back to $2's in the 1st quarter (the 2nd gap) when it starts gold drilling;
3. Going back to $3-$5 in 2nd/3rd quarters when it's finishing drilling.
ADNT will be an amazing gold value investments!
www.ardentmines.com