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  Acadian Gold Corp.  

TICKER:  ADA:TSX.V   
DESCRIPTION:  Acadian Gold Corporation is a Canadian-based resource company exploring and developing gold and zinc projects in Nova Scotia, Canada. Acadian Gold is bringing a new approach to the development of Nova Scotia gold deposits by pursuing a multiple mine – central processing, managing and servicing strategy. The Company’s principal focus is on the Nova Scotia goldfields where it is the dominant player, controlling four advanced gold projects (which collectively host measured and indicated resources of 527,536 ozs of gold plus inferred resources of 826,670 ozs of gold) and 45 others covering approximately 80,000 hectares (197,600 acres). A 1500 tonne a day mill is being purchased and is set to close on or before July 6, 2006.
WEBSITE:  http://www.acadiangold.ca/


The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.
The Gold Report "Acadian Gold Corp. had a bad second quarter because of a once-in-100-year rain event that caused the company to shut everything down. Could it happen again? Sure, but the problem has been fixed. For now, we’re in the slow seasonal period for base metals such as zinc and lead, which is what Acadian mines. The stock is trading at around 20 cents — another ridiculous value. The company’s market cap is lower than the value of its Scotia mill equipment – which means all the gold properties come for free. This is a producer that has cash flow. They have in excess of 1.5 million gold ounces that are 43-101-compliant. They also have a near-term production scenario with advanced-stage properties moving towards permitting." (8/29/08)
    -   Mining SpeculatorThe Gold Report Interview with Greg McCoach, Part III




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