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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (18722)	8/18/2006 9:51:12 PM
From: LoneClone	Read Replies (1) \| Respond to of 78416

IMO it is finally ADB time, gentlemen. Being more of an investor type than you two, or else less savvy, I have held while you guys sold, doing a bit of trading along the way and adding some more at lows so I am now in the green at today's prices. The main thing that held ADB up was the management change. While they were moving their head office to the US, etc., drilling stopped altogether for some months, but they are now back into full operation, cashed up for all their projects, with production steadily increasing. There will be at least 90 spuds between August 1st and the end of the year, and have lots of production tied-in awaiting facilities expansion, which is proceeding steadily. I'm looking for $2 at some point within the next 12-16 months, depending on what happens with ng prices during that period. LC