Advantego Corporation (ADGO)

[Digrdoug]

From SI:
"Ok, I've looked into this. According to Sabrina, there will NOT be weekly reports on production, just on company developments and stuff. Every so often, they will announce how the gold production bit is doing.

They are still in an "adjustment" phase where they will not be working at the 1,000 TPD rate.

Miles

So they cannot manage to put 1,000 tons per day through that magic plant designed to handle 11,000 tpd. 1,000 tons would be about 80 tandem dump truck loads or 10 per hour. This should be easy to achieve.

How much material are they processing? They claimed .5 grams per ton but only made about 1.5 kilos of raw gold in three weeks. The news release was full of weasel holes but they still seem to claim this magic $75 production cost.

If one looks at the price of the stock it is obvious to me that no serious investors believe the news!

My opinions only