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.

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Archer-Daniels-Midland Co

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Post by AuInvestorUSAon Sep 14, 2012 9:41am

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Post# 20362553

Property Yes, Cash I dunno

Andina had $8M at June with $2.5M of Payables (net $5.5M). They spent $5.9M of cash last quarter. Do you get where I am going here. They are just like all the other gold juniors- running on fumes with a project they can't afford to advnce. Great property but I might wait to pick up the 30cent unit with a full warrant.

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