Ann: Resignation of Directors and Appointment of a New Director, page-66

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mt88

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06/06/20

19:20

Post #: 45080029
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Originally posted by sikadeer: ↑

I think this has been coming for some time. I believe the directors have resigned for good reason without any rancor because they've been working towards just this situation. The jorc shows the $300 million value, certainly a lot higher with all the multi high grades known and discounted. And it's just the start.
The results confirm the plunging trend towards NCM's drilling. That's why they showed so much interest in the results without revealing their own. Now their geos will have an even better idea what's there. For AMG to be on the cusp of mining and becoming self sustaining financially and drilling further into the area is only going to make it harder for them to take a stake.
The current market cap is ridiculous for the potential. They sold one mine for the equivalent of nearly 25% of the company value. Does anyone believe there are not a lot of interested parties with large finances watching closely, of any international origin? I'm surprised some Chinese entity hasn't already come up with an offer too good to refuse. They've got a once only chance now to put some of their rapidly devaluing US bond holdings into something of real value.
What everyone hasn't seem to have noticed, or mentioned, is the role of the chairman and his vast experience and contact list. He won't have been lolling around with his feet up at any time, he'll have been right on the ball.

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Well said. Perhaps you gave a lil too much away =)

AMG Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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Ann: Resignation of Directors and Appointment of a New Director, page-66

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