increddyble

ADT, Zinc play waiting for a KaZing moment

ASX:ADT   ADRIATIC METALS PLC
Following this company recently which has surfaced with some phenomenal hits on its Eastern European tenements.
4 drills on site, big hits and a recent ann regarding land expansion. Enough cash on hand till the end of the year.

Fundamentally, a geo friend has said theyre sitting on some massive resources and should easily be able to double in valuation from current position with proper resource definition. In June/July, the stock pumped 300% in a short period of time and has since drifted on relatively very low volume. There seems to be 'support' at around 38c, but it will be interesting to follow as technically it is approaching oversold range and coming news catalysts will be more drill results as the campaign continues till EoY.

Hold and wait, coming few days should be interesting. Waiting for a movement either way on volume. Probabilistically it should probably trend upwards.
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