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Bullboard - Stock Discussion Forum Acadian Mining Corporation ADAIF

GREY:ADAIF - Post Discussion

Acadian Mining Corporation > Acadian Mining announces favourable metallurgical
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Post by YeOldGoldNugget on Nov 18, 2009 1:02pm

Acadian Mining announces favourable metallurgical

Nice one Quimby

I had also gotten the alert. Thnx for posting and beating me to it ;-)

Well, good results on their gold projects.

Again making the headlines on the Chronicle Herald
https://thechronicleherald.ca/Business/1153123.html

High metal prices make Acadian mine more viable

They settled most, if not all of their debts.
They also got a decent fellow nicknamed Diamond Joe at the helm....who has been successful in the past. That does not mean I am discounting the hard work of the 'old' board....but just nice to have a fresh new face and with prior experience and successes.

Stock in my humble opinion still waaaaaaaaay undervalued and oversold.

Bound to come a day when this will MOVE and MOVE with capital letters and move preferably in font size xx-large.

Don't say YeOldGoldNugget didn't warn you ;-)

let the market come to you, buy low, sell high and at 0.09 this is still buying low.
Stock is traded very heavily, lots of volume, easy to get in AND out.

What does a trader need more?
Comment by Knuckles2 on Nov 19, 2009 3:35am
It seems that ADA has turned into a trading situation.  Buy at 8 cents and sell at 9 cents.  But can one short at 9 cents? It's only a 12.5% gain but if you can do it often enough ... I personally don't have that kind of an account but people can trade for penny commissions these days.
Comment by moolamoola on Nov 24, 2009 1:53pm
It seems there is no resistance from the asks because some players are intentionally trying to keep the stock low. This stock is easily worth ten times it's current value.  As soon as the mines and I do mean mines not mine, open you will see what I mean by ten times the value.