Amx cash backing is @ ~12c.
So currently the market is valuing the assets at $30million or $9/oz ??!! with nothing included for remaining 140km's structures.
150k/yr production = gross sales of $180million at $1200/oz
This is a good read for those interested in a history lesson.
http://www.resourceinvestor.com/2013/03/04/junior-gold-stocks-the-best-buying-opportunity-in
Fortunes are made buying at the bottom, and we're certainly not at the top here....
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