ADY 0.00% 0.6¢ admiralty resources nl.

refocus & watch it go

  1. 1,775 Posts.
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    With further confirmation late yesterday of the true potential of the Rincon Salar project, in reinforces my view that this stock is set to rocket through the 10 cent level and will eventually reach the $1 level (A brave call maybe, but supported by experts). Of course, there are many other things to happen before then, including:

    - $50M from the Convertible Note
    - $17.5 M from the 10 cent options
    - Share Buyback
    - etc

    The market is now starting to understand the stock as we continue to see long term accumulation happening. There are serious investors getting set. We will see some profit takers and traders, but I suspect we will not see these prices again once it jumps past the 10 cent level.

    This is my opinion, but with record volume traded, etc, it does have some justification also.

    ***** Remember, investing it is always your choice. Do your own research and seek financial advice if needed.

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