Reno Gold Corporation (RNGG)

[GordonGecko]

ADK is the real deal...

I bet they WILL find GOLD in RNGG's properties..

ADK.V AMAZING POST!!

again from Stockhouse.com

As previously mentioned on this board, US Gold and Lexam CEO Rob McEwen is indeed very impressed with Diagnos and the latest contract (Magistral, announced January 29) is testimony to this fact. As a quick reminder, McEwen was introduced to ADK's technology when he took a substantial position in a junior mining operation holding land packages located near Noront's massive discoveries, MacDonald Mines (BMK), Diagnos having made the breakthrough forecast of the Noront deposit for KWG (see ADK news release dated October 18, 2007). Since late November 2007, Rob McEwen has signed 3 major contracts with Diagnos, as pointed out on this board references to artificial intelligence by Us Gold in a release dated December 12 2007 (see post 17600824) suggest a forth one may be in the works, the latest one being the most important to date with payment structures that reflect the growing worth of Diagnos' technology.

The combined service fees from these 3 contracts is nearly half a million dollars; for some perspective, the financial statements for Q2 2007 indicate gross revenues of 335,000$, the highest reported semester to date, yet the McEwen contracts alone are worth much more. Beyond the evident economic upside, this stamp of approval by a major and highly successful mining entrepreneur further reinforces the credibility of Diagnos' largely unknown technology. The competitive edge Diagnos provides to its customers can not remain unnoticed for long, this latest endorsement by a leading industry figure will be more effective than even the most ingenious marketing campaign.

However service fees are only half the story. The success bonus payments in shares and/or royalties mean that Diagnos is building up a portfolio of high potential assets, adding more upside to an already profitable service company.

Given these circumstances, I am not at all surprised ADK launched a placement despite gloomy market conditions.

http://www.stockhouse.com/bullboards/viewmessage.asp?no=20122239&t=0&all=0&TableID=0