I hope so, otherwise there would be more downside to come.
They better keep plenty of cash on hand just in case GFC2 comes along. Capital raising next time could prove very expensive for shareholders (= dilution).
I do not get what is happening here. PVM is doing so much better than AMX. Better management, better grade, and further down the road to production I suppose are the key differences. However, Ghana are raising their taxes on goldies - still an unresolved issue there for PVM and other goldies I follow. I am out of explorers for now except for a couple of tiny holdings.
GLA.
loki
AMX Price at posting:
61.5¢ Sentiment: None Disclosure: Not Held
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