Apr. 2 at 2:19 PM
$ADXRF $ANNA
The Bottom Line
MY calculation confirmed the "cheapness." A
$30 million mcap valuation (1.2 billion shares fully diluted x .025 cents) for a European nat gas player with a drill rig moving to the site THIS WEEK is exactly the kind of "low-valuation/high-catalyst" setup that fits my strategy.
This is potentially another ANNA in the making.
Watch the "Spud" Announcement: The moment they announce they've started drilling (likely any day now), that
$30M cap will be tested. If they make a hit, the gap between ADX and ANNA will start to close fast.
Europe is desperate for Nat Gas!!