AMX aerometrex limited

the big bounce, page-27

  1. 24,765 Posts.
    Good post thegooch.

    A nervous nellie e-mailed me this morning:

    "AMX must be in trouble. Why do I insist in being in these dodgy small companies?"

    It's amazing how people's minds play games with them and in panic mode they invent crap?

    AMX's 30th. May presentation released to the ASX told the market the company had $48.7 million in cash. Plus, as all gold resources are not the same, imo AMX has superior quality gold to most - plenty of wide, good grade gold intersections have been released to the ASX, such as on 21/3/2012:

    60 metres @ 4.3 g/t gold from 8 metres
    50 metres @ 4.7 g/t gold from 11 metres etc. etc.

    At present, from what I have seen, the market is mainly focusing on gold producers. It's only a matter of time imo before quality juniors with good gold resources make a big move up.
 
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