sellers cupboard bare...., page-6

Good question Grasshopper,

If the initial diamond holes (to come through in the next week or 2) have good grades and width, then doubling again is readily achieveable as I have been saying since about 10 cents, but at that price (10 cents) I said it was a potential 10 bagger (10 times its price). Its now a potential 5 bagger (at 20 cents or thereabouts).

Small companies drilling big big targets are how you get such multiples. They are drilling into what could be an elephant because the "foot print at surface" is very big. Bigger than Porgera's was at the start of that desposit's exploration & ultimate elephant size discovery.

Here at AMG's Vanuatu ground, we have excellent grades over a large surface area covering of 5km x 300m which gives you an idea of what is potentialy below surface. The good thing about big Epithermal systems is you dont have to put many holes down before you know what you are sitting on. After 10 diamond holes (this program), they will know if they have got the big one its a walk away job.

That's in Vanuatu (along the rim of fire) and then we have Fiji where they have been getting very very interesting geological samples (see announcements that nobody has been noticing because they were all looking at other things) and you can see why that could be big as well. I believe they will drill Fiji straight after this drill program in Vanuatu.

There isn't an explorer going around with a better portfolio of exploration ground. They don't muck around with small stuff. If something hasn't got the potential to be an elephant then they dice it. I like that.

They are all good people around this little bonza of a company. You can keep your spivs, I like people who love mining the ground and not shareholders pockets.

One of the reasons there isn't much stock around (I think) is that all the large and not so large shareholders and directors are true believers. They actually love what they are doing and believe they will deliver a big one. They actually used their own money to fund this little company for such a long time, because nobody wanted to know them until the last few days.

Oh, I nearly forgot, it also has lucky Rick Crabb (Paladin) as Chairman. This bloke has the golden touch I think.