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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?
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To: Sapper MSG who wrote (362)7/21/1998 9:24:00 AM
From: RJ   of 381
 
I too will pick up some more as the price drops lower. The upside on this is exceptional. For one thing, alluvial mining with dredges is the fastest, least complicated, least expensive, way to mine gold. Same goes with the the processing. Low recovery cost means big profits. These facts alone make this a good play, but consider the price of gold. Beaten down at present, higher prices at the time this company begins production around December would make one very wealthy holding this stock.
long AFRI
rj
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