ADY - Admiralty Resources

[johnno261]

Yeah that was a FR prediction which to me gives alot of discrepancies, however I do feel that now that PT has delivered also within the near term I feel that the market will start to add speculation into the share price on the basis that Phils delivered on The iron ore so Rincon Salar can be slightly speculated upon. Hope you know where I am coming from?
Cheers
Johnno

 

[johnno261]

GREAT WEEK OF CONSOLIDATION FOR ADY

ADY seems to have slightly retraced back to 11.5 with a continued strong move up whilst pushing out the stale bears that have been in this for 2 years whilst stagnant. Perusing a 3 year chart looks as if we are all on the up and up now that Phils Iron Ore Deals have come to fruition and with a steady income which will now help fund the next big phase, being the World Class Lithium "Rincon Salar" project. Consolidation after the quick run up from 9cents to 15.5 was needed.

 

[rub92me]

Well, here's the 2 year weekly chart. 3 year is a bit misleading because it doubled in Jan 05 - Feb 05 and then slowly declined from there. It finally turned the corner in the past 2 weeks though and good to see some consolidation around 0.12. I won't get excited until it breaks through 0.20 though, and that will need a lot of volume, because resistance is stacked heavily all the way to that...

 

[johnno261]

Well, here's the 2 year weekly chart. 3 year is a bit misleading because it doubled in Jan 05 - Feb 05 and then slowly declined from there. It finally turned the corner in the past 2 weeks though and good to see some consolidation around 0.12. I won't get excited until it breaks through 0.20 though, and that will need a lot of volume, because resistance is stacked heavily all the way to that...

Dont ever read too much into Market Depth, as in my opinion, "Market Depth is a playground of Manipulation",nothing more nothing less!!
Great chart RUB92ME!! As stated before,consolidation of the past week has been great for the continued progress over the coming year. One honest thing that i have found with ADY is that its hard to put even a rough estimate/value on Rincon Salar as i feel the upside on the Lithium etc is huge. Has anybody purchased Lithium Ion battery's for a Sony DVD Cam as I have of recent!! $299 for a tiny little battery that generates enough life for up to 4 continious hours before having to recharge again.!! We must not forget the Lifestyle the Chinese/Indians want which is similiar to us. Mobile Phones,Laptops,Hybrid Cars,Digital Cameras,DVD Cameras,HD Cameras,Golf Buggy's,MP3's, the list goes on and on and all of those products require lithium!!
DYOR on this stock as I have and you will soon understand the excitement in which people have only just begun to find in ADY!! A stock to watch in 2007 IMO.

 

[ColdZinc]

I was a long term "investor" up until late 2006 when i took up "trading" full time. I sold down my investment portfolio in March/April, just a bit early but still thankfully before the May correction. I kept 6 stocks only. ADY was one of them. I'm a believer in their story. They've tested my patience, but I'm holding them.

Of course, I've been wrong before.....

 

[johnno261]

I was a long term "investor" up until late 2006 when i took up "trading" full time. I sold down my investment portfolio in March/April, just a bit early but still thankfully before the May correction. I kept 6 stocks only. ADY was one of them. I'm a believer in their story. They've tested my patience, but I'm holding them.

Of course, I've been wrong before.....

Your faith and patience will be rewarded champ. I was in the run up back 2 years plus back when she went up to 26cents,took a huge profit and ever since have always had it on my watch list. I purchased a huge parcel yesterday because i like the outlook & management are believe me, doing their best and will achieve their ultimate goal which will be bringing Rincon Salar into production and wont management be rewarded in doing so. I know PT has a huge shareholding which is very incouraging!! Well done ColdZinc for holding and believing in something that will be fantastic!!

 

[rub92me]

Another excellent announcement this morning, which will boost short term profitabilty for ADY. With the consolidation around 12 cents in the past 3 weeks, the stage is set for a next run. It will take an awful lot of volume to break through though, probably more than 50 million shares in a couple of days. Let's see what the market will do with this announcement...

 

[rub92me]

Highest high in 15 months last week @ 13.5 cents with good volume, and after a slight retrace earlier in the week, it finally broke through to 15 cents today with more than 30 million shares traded. Some consolidation again above 13.5 cents next week would be nice to make it the new support .

 

[sam76]

Highest high in 15 months last week @ 13.5 cents with good volume, and after a slight retrace earlier in the week, it finally broke through to 15 cents today with more than 30 million shares traded. Some consolidation again above 13.5 cents next week would be nice to make it the new support .

I hope it comes back (just a little bit) as my order at 13.5 never got hit.

 

[rwkni1]

Into zinc now, iron ore shipping looks to be sorted, and rincon salar development is on track. These guys could very soon be generating some serious cash flow. Very impressive.

 

[rub92me]

Into zinc now, iron ore shipping looks to be sorted, and rincon salar development is on track. These guys could very soon be generating some serious cash flow. Very impressive.

Agreed; if only the shareprice would move up a bit more! Had another promising run yesterday, but fizzled out again today with dumping at the close. Not bad considering overall market conditions in the past couple of weeks I suppose, but I was hoping for more..

 

[rub92me]

This didn't drift back too much in the past 2 weeks on low volume and consolidated nicely between 13-14 cents.
Finally on the move again today with a strong close at 15 cents and decent volume. Hope it's not another fake run, like the last one. Big volume day tomorrow pretty please

 

[bel532]

This didn't drift back too much in the past 2 weeks on low volume and consolidated nicely between 13-14 cents.
Finally on the move again today with a strong close at 15 cents and decent volume. Hope it's not another fake run, like the last one. Big volume day tomorrow pretty please

Maybe the market is starting to realise the potential of this stock. I hope I'm right!

 

[bel532]

This didn't drift back too much in the past 2 weeks on low volume and consolidated nicely between 13-14 cents.
Finally on the move again today with a strong close at 15 cents and decent volume. Hope it's not another fake run, like the last one. Big volume day tomorrow pretty please

But why do you think the big buyers at 13.5c (5mill) and 14c (2mill) disappeared AFTER close of trading? Any idea?

 

[rub92me]

Lots of posing in the market depth in ADY; it's one of the day trade faves. I look at the actual transactions rather than the market depth 1 or 2 ticks below the price, and that was certainly looking interesting today. Would not be surprised at a gap up tomorrow; not much use if you're not in yet, but nice when you're holding

 

[rub92me]

Gained 20% in two days and now up to 18 cents. Potential breakout from long term resistance looks on now (see my post yesterday) if it can hold. Outstanding breakout if it clears 20 cents with volume. Could fizzle out again if volume is not sustained, but failrly optimistic. Touch wood. :bonk:

 

[bel532]

Gained 20% in two days and now up to 18 cents. Potential breakout from long term resistance looks on now (see my post yesterday) if it can hold. Outstanding breakout if it clears 20 cents with volume. Could fizzle out again if volume is not sustained, but failrly optimistic. Touch wood. :bonk:

It's all coming together for ADY, at last! It's been a long wait and I hope we all will be justly rewarded.

 

[rub92me]

There don't appear to be too many ASF holders of this stock, apart from bel532 and I, so I'll celebrate on my own. First close above 20 cents in over 2 years! :dance: Hope it will last.

 

[bel532]

Im celebrating as well, and I'll keep celebrating as it keeps rising. It's certainly been a long wait.

Am I glad I ignored my broker's advice!

 

[Sainter]

FWIW I've built a position over the last 9 months on expectation of imminent cashflow from iron ore and the huge potential of Li. CEO Thomas seems to have his knockers, but I'm not one of them. I'm looking forward to the next few years with ADY
Cheers!