Acadian Mining Corporation ADAIF

When?

[YeOldGoldNugget]

https://www.richmondclub.com/PDF/Richmond_Club_Index%20Dec%201%202009.pdf

..will Acadian rejoin these ranks again?

I found this Richmond Club index in which Acadian once was included as top performer ;-)

Oh the times of past and how they've changed.

Guess we keep on waiting for this shareholder value to be created? Who here thinks a restart of the mine will take place in the first or second quarter of next year?

https://www.kitcometals.com/charts/lead_historical.html
https://www.kitcometals.com/charts/zinc_historical.html

I mean, gold probably is their main focus now but there will come a time or moment when a re-opening would be economically viable. I say this because in order for them to re-open the mine they will probably have to raise funds.

But when the revenues of mining outweigh those costs then we are looking at a possible re-opening.

here's the link with the statements
https://www.tmans.ca/MANS_files/news/mediareleases/2009/Gold%20Crosses%20US$1,000%20milestone.pdf
https://paguntaka.org/2009/04/03/mining-company-finance-and-operation-reported-acadian-mining-corp-375m-loss/

So, anyone any idea what these costs are which Mr.Felderhof is alluding to?

Anyway, the report on Beaver Dam was still very good
https://www.acadianmining.com/LinkClick.aspx?fileticket=TsF59%2bajAKE%3d&tabid=36&mid=555

Let us hope they start up processes quick smart to get that gold out of the ground and part of it into our pockets ;-)

[CarefulEye]

Thanks for this, Nugget.  I wonder if thought has been given to spinning off the gold properties, as proposed a couple years ago just before the markets collapsed. The only realistic hope for long-term financial success is to develop these properties. A fresh start, with the sole focus on gold,  might inject new life into this moribund enterprise. Fold the current meandering

[YeOldGoldNugget]

Not too strange a thought methinks. Mining lead/zinc or gold....hm? Lead/zinc producer or gold producer? Hm? And a stock split 1:10, reducing outstanding shares...well...a reverse split should only be a last resort is my opinion though I have to acknowledge the status quo at the moment. Not pretty indeed.. So yeah, developing those gold projects quick smart would seem to be the most encouraging