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I like to check good ones like this one. If I get A back draft while it leaves me it will smell sweet to me as my friends will be making money. Maybe I will still be invited to A party.
LOL Well some one did. I have great friends here! Thank you. I do believe in PSPW. Food for thought is this. One month and many can sell with outh the 40% tax. But the company knows that and I believe they want this to go up soon. So I believe they will be showing the money soon.Especialy if Cru get a hold of them LOL I think Shekin is right.
Welcome wecap glad your with us. ADNT should make us some money. There arnt any fools here and no ones busting my chaps by asking good questions. But some I may not have the answers for.
I like to see people doing DD on this. The conversation of ADNT is what this board is for. GLTUA!
The share structure remains the same as always. I just called the TA and verified it again.
outstanding 16,320,191
restricted 10,425,041
Im glad to see this heating up. The board here is also picking up more followers. We are up to 22 now. The more research I do on this the more impressed I am.
Heres A link
http://dockets.justia.com/docket/new-york/nysdce/1:2011cv03356/379373/
Join pacer to be able to see filings. All I can say from my research is it appears to be ongoing. Maybe you can DD this better then me?
Good morning. Yah buddy its looking good. A few days and we will know for sure.
Mr. Borges will Drive Efforts to Advance Brazilian Properties Exploration Programs
Mr. Borges has over 28 years experience in Brazil’s mining industry, both in the government and private sector. He served as the National Secretary of Mines and Metallurgy in Brazil’s Ministry of Mines and Energy from 1993-2001, and as Senior Advisor to the Ministry & Strategic Planning Executive Officer to the Brazilian Geological Survey since 2002. From 2007 to 2008, he was Chief Executive Officer of Steel Mineracao do Brasil S.A., and since 2006, he has served as the Senior Partner and Chief Executive Officer of Ad Hoc Asociated Advisors Inc, a technical advisory consulting firm for the mining industry. He currently serves as a Director on the Boards of Amerix Precious Metals Corporation and Ouro Roxo Participacoes S.A., each of which are developing gold projects in Brazil. Mr. Borges earned his undergraduate and post-graduation degrees in geology at the University of Brasilia, as well as having an MBA in Mineral Economics and Mineral Projects Valuation from other institutions.
Definition of AD Hoc
Ad hoc is a Latin phrase meaning "for this". It generally signifies a solution designed for a specific problem or task, non-generalizable, and not intended to be able to be adapted to other purposes. Compare A priori. Common examples are organizations, committees, and commissions created at the national or international level for a specific task. In other fields the term may refer, for example, to a military unit created under special circumstances, a tailor-made suit, a handcrafted network protocol, or a purpose-specific equation. Ad hoc can also mean makeshift solutions, shifting contexts to create new meanings, inadequate planning, or improvised events.
Luciano Borges is here to get the job done.
http://www.otcmarkets.com/stock/ADNT/news
http://ih.advfn.com/p.php?pid=nmona&article=50912870
http://en.wikipedia.org/wiki/Ad_hoc
Some people will always be waiting to pick up the cheapest shares possible. It happens on every stock. Its usually those people that like to flip A stock for fast profit.I cant blame them for going for the easy money. I do it my self sometimes. But here Im invested. Im going to be holding most of my shares for the real gold. I realize that ADNT seems to good to be true but I feel that the decline in stock price is mostly due to A law suit having to do with company ownership.I believe some of these people are liquidating there shares b4 they go to coart and possibly lose them. I just wish I was the MMers picking up all these at such A discount. JMO of coarse. The share structure remains the same every time I call. GLTY
Your pic is the Brazilian flag! Lol Im such A doink sometimes sorry I didn't know that sooner. I went to A PBR event tonight( pro bull riding) and it was A blast. There were a lot of Brazilian riders and one of them won the Sacramento event. He beat all the American riders. There friends were flying your flag, it was cool. ADNT is gonna kick ass too.
Thanx Scott's lol Go PSPW!
I miss you guys too. Thanx lol your A
Great group of friends here. I do still follow and might be back. I sure don't want to miss the big party. Take care.
Lol that's A good one. I believe PSPW does love you and will show you more soon.:)
Lol aim higher. Have a good weekend all.
Good morning S.M. IHUB fixed the news and it's listed here now. The sellers will run out of shares. Then we will rock.
N.P. Glad your with us. ADNT has never had this much volume. Things are really heating up. I think its going to get really intresting.
Thanx Gan. This news isnt showing up on our board. I have emailed Ihub about it.
It is also on otc markets and on yahoo finance also and on there sites it also contains this line across the top.
Mr. Borges will Drive Efforts to Advance Brazilian Properties Exploration Programs.
I like that line.
http://www.otcmarkets.com/stock/ADNT/news
Gold Hills is 13.5 SQ miles.
Misty Hills is 34.75 SQ miles.
Here is A converter from Hectares to square miles.
http://www.metric-conversions.org/area/hectares-to-square-miles.htm
Gold Hills has 3500 hectares
Misty Hills has 9000 hectares
4 to 7 grams per ton
The math
4 dev 30.1 = .13289037 = 7.525 tons of ore per ounce of gold.
7 dev 30.1 = .23255814 = 4.3 tons of ore per ounce of gold.
That is pretty rich ore and is easily profitable.
On July 5, 2011, the Company announced that it has received a 43-101 Technical Report on Exploration prepared by SRK Consulting (U.S.) Inc. for the Company’s “Serra du Ouro” Project in Brazil. Ardent Mines acquired all mineral rights in the Serra du Ouro project area, containing a highly mineralized vein of approximately 13 Kilometers in length, by purchasing 100% of the shares of Gold Hills Mining Ltda. in May of 2011. The SRK report is filed as an Exhibit hereto and is also available on Ardent Mines' website www.ardentmines.com . The report was prepared upon SRK's completion of a site visit and the analysis of geological and geophysical evidence. SRK confirmed the existence of a highly mineralized vein containing gold of high grade (4 to 7 g/t), originally prospected by the CPRM, an agency of the Brazilian government.
[color=red][/color]
More proof of ADNTs worth.
These options show that the company also believes in the value of ADNT. Options at $4.75
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8118691
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8118677
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8118674
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8118660
I did A little work in the ibox. I added in the Misty Hills property. I didnt know how to make the lettering blue in the title. I also updated the share structure. The transfer agent did not give me the float. I subtracted the restricted shares from the outstanding shares to get the float. Does that sound proper? Hope you dont mind the changes. If you want to change or fix anything please do. thanx.
No problem SuperMike I just shared as I found stuff.We have A good team here. It is good to understand some of the reasons for the delcine of Ardents stock. We had A pretty nice day today. Next thing I look forward to is hearing of financing to fund there exploration. When that happens watch out. This stock will rock.
They list Gold hills to begin exploration first. I believe its because of the locations and the weather. Gold Hills sits in A dry area. I think Misty Hills is in the middle of the rainy season right now. I look forward to seeing what tomarrows market brings. GLTY
Why I like Luciano Borges in ADNT.
On December 9, 2010, Luciano de Freitas Borges was appointed as a member of the board of directors. Mr. Borges is compensated at a rate of $5,000 per month. $2,500 of this amount shall be payable incrementally on a monthly basis and pro-rated for any partial month of service. The remainder of his compensation shall accrue until such time as the Company shall have received capital investments of $10,000,000, at which time all accrued and unpaid amounts shall be due and payable.
He doesnt reap the benifits tell we do.IMO
Heres A good reason why the selling and drop in price.IMO only!
May also be A good reason for A quiet period.
LEGAL PROCEEDINGS.
As previously disclosed in the Company’s periodic reports, on May 10, 2011, we filed a Complaint with the Supreme Court of the State of New York. The action pertains to disputed rights of ownership among certain shareholders of the Company. As of as of the date of this Report, the defendants have not made any counterclaims against the Company and no hearings have taken place.
http://ih.advfn.com/p.php?pid=nmona&article=50132658
I hub is nothing to this stock. There are many others that knew about it before IHUB. It is easy to see that the IHUBrs arnt the only ones buying this up as some dump. IMO
I was just at Wallmart. I bought some mylanta and some depends.
After buying some more tickets for this train ride I might need them. LOL
But the truth is I feel real good here. Heres another reason why.
Director and Head of Brazilian operations, Mr. Borges was the National Secretary of Mines of Brazil, and is one of the country’s most respected geologists. He has represented Brazil in international negotiations regarding the regional development of the mining sector, and has also worked in private companies as an Executive or Consultant. He is currently Managing Partner of Ad Hoc Associated Advisors, Inc. a geology and mining consultancy. Mr. Borges has recently served on the Board or as advisor to two international mining companies that currently have gold mining operations in Brazil. He is a geologist and was educated at the University of Brasilia with postgraduate education in Economics & Mining. Mr. Borges holds an MBA in Public Administration from the Public School of Management of Brazil.
GOLD HILLS MINING LTDA.
Luciano de Freitas Borges
SRTN Quadra 701, Centro Empresarial Norte Bloco A, salas 108/110
CEP 70.719-903 - Brasília D.F. - Brazil
( Tel.: +55-61-30334964,
( Fax: +55-61-3039-6780
Luciano Borges is very much this Gold co. He also feels very strong about these propertys.IMO
"Ad Hoc" <luciano@adhocadvisors.com.br>
He is also A big part of Amerix Preciouse Metals Corp (APM)
http://ih.advfn.com/p.php?pid=squote&symbol=TSX:APM
ADNT to me looks alot better then APM and they are at the same price right now.Check it out. Enough said on that.
Another reason.
During the three months ended September 30, 2011, Ardent received advances of $8,244 from Luciano de Freitas Borges one of the Company’s directors. The advances are unsecured, bear no interest and are due on demand.
The final reason is A person email I recieved from him after wishing him well in this new year and telling him A bit about my personal mining exsperiance.
Dear Mr. ----
Thanks for you kindness in sharing with me a “short version” of your personal history. I am glad to know that you have a long experience in the mining business. Ardent have two amazing exploration properties in Brazil, and I am very optimist with the company prospects for 2012.
Wishing you A happy New Year, I subscribe
Yours faithfully,
GOLD HILLS MINING LTDA.
Luciano de Freitas Borges
SRTN Quadra 701, Centro Empresarial Norte Bloco A, salas 108/110
CEP 70.719-903 - Brasília D.F. - Brazil
( Tel.: +55-61-30334964,
( Fax: +55-61-3039-6780
So for me to wrap up. One of the most respected Geologests put this together and believes in these property. I subscribe.
OKSB making some real nice gains. What A beautiful trend too.
In the November Presentation there is A timeline for both the Gold Hills project and the Misty Hills project .Page 25 and 26. Both projects are sceduled to start exploration this year with the Gold Hills project starting this quarter. It also shows that the exploration for Gold Hills will cost 10 to 12 mill and Misty Hills 8 to 10 mill. Catcha tomarrow.
http://ardentmines.com/uploads/ardent_mines_corporate_nov2011.pdf
I asked The same question to Mr. Luciano Borges A while back. Here is A copy and paist of that email.
Hello Mr Brorges and welcome to the position of president of Ardent mines. I am A investor in Ardent mines and it is A large portion of my portfolio. I am A bit concerned about the recent stock price decline. I am wondering if you could tell me anything? A little update on how things are going would be great. Or even just A oppion of how you feel things will be going?
Thank you for your time.
----- ----
Reply
Dear Mr. ----
As you may know, the company has just passed through a management change, with the resignation of the former CEO, in spite of that, all assets remained untouched and there wasn´t any changes in the management, scope and objectives of the two projects we have in Brazil. So, I can´t identify any material reason for the decline on the stocks.
Best regards,
GOLD HILLS MINING LTDA.
Luciano de Freitas Borges
SRTN Quadra 701, Centro Empresarial Norte Bloco A, salas 108/110
CEP 70.719-903 - Brasília D.F. - Brazil
( Tel.: +55-61-30334964,
( Fax: +55-61-3039-6780
------------------------------------------------------------------
My reply to you now Hondaboost (thank you)in my best guess I would personally say it probably stems from A host of things. Remembering that things can move very fast with such A small float.
Some got alot of shares really cheap before the last run up.
Some made big prophets selling
some fear based selling
some may have been selling to just get there pay
Now some selling of near free shares for chump change/lunch money
I think the selling will end and we will see financincing along with new board members coming to the company. But big bussiness takes time. All just my oppinion of coarse. GLTUA
ADNT share structure remains unchanged as of today. I called the TA.
16,320,191 outstanding
10,425,041 restricted
That leaves A float of 5,895,150
With the Share price being only .12 cents now that means the value of the outstanding shares is 1,958,423.
They are going to spend 6x that price just to do the exploration of Gold Hills.
I wonder what it will cost to explore there Misty Hills project.
This gives one A clue of just how under valued ADNTs stock is.
TAs phone number can be found here
http://ardentmines.com/investor_info.html
The Company anticipates spending approximately $12,000,000 on mining exploration in the fiscal year ending June 30, 2012 for the Gold Hills project, and additional funds in amounts to be determined by the number of mining projects acquired by the Company.
http://ih.advfn.com/p.php?pid=nmona&article=50132658
Added more. My portfolio is lookin good
Insider Transaction: $ADNT.OB Purchase at $4 per share of 10000 shares by Officer Riera Leonardo on 2011-07-07.
ADNT getting the love.
Big volumes coming in again. Price is moving up nice. .205 right now. Your prediction of .25 by friday close looks to be right. LOL
Nice upward trend here.
I hope so for you. Gltya
ADNT up 13% today closed at .184 . Nice day today.
I dont know ???? But Im not in just watching different stocks while I wait on some funds. GLTY