"Acadian Mining Corp. (ADAIF.PK) is optimizing production of lead and zinc at its restarted Scotia Mine at Gays River in Nova Scotia

Acadian is rolling up numerous lead/zinc properties, which we believe may keep them busy for a generation. The Scotia Mine is fully exposed to prices of base metals. Cash flow from the mine should permit payment of a dividend, repurchase of shares, or completion of a Feasibility Study for a central processing facility to mine gold in Nova Scotia. Acadian is well positioned to become the dominant mid-tier precious and base metal producer in Atlantic Canada.

Today, investors can buy Acadian stock for under a $1.00 a share and yet Mike Niehuser believes with Acadian's gold assets they are worth at least $4.00.

http://www.beaconrockresearch.com/fi...

Note: Mike uses $1.60 zinc and a conservative $600 gold for his 2008 averages. A very informative read nevertheless. "