Adamant DRI Processing and Minerals Group (ADMG)

[Potse]

ADMG(.22)...accumulated a position.....

I accumulated a fairly large position in the ADMG shell today in the 12-20 cent range (cost basis is a little over 17 cents). Reasonably nice share structure, basically clean from a debt standpoint, and not followed by many investors. Risk/reward looks pretty attractive to me around this 20-cent area.

Given the types of high valuations ($10-20+M) that the current market environment is putting on a number of shells, it would not seem unreasonable to think ADMG has a decent chance of seeing share prices well over 50 cents.