Looking for a rich large gold deposits? I doubt you'll find richer/bigger than this from a area containing many massive gold mines just across the border in Ghana. No doubt Burkina Faso adds political risk to this stk.... but if they can get into production the returns will be massive. Already a 5 bagger for those who have held the past 12 months.... but has many multiples left IF things proceed. High risk play with very high potential return is my assessment. I bought some today.
From the last presentation on company website.
'Ampella mining has been operating exploration programmes in Burkina Faso(west Africa) for just over 24 months since listing on ASX in August 2007. They are focusing on greenstone belt near border with Ghana. The presentation is pages long and one excerpt is:
At Konkers main a total of 23 drill holes were completed 1957 metres reverse circulation and 1563m of diamond drilling. ALL (23)drill holes returned multiple mineralised gold intersections with the best intercepts including: This lists 10 best holes one of which (and it is not the richest) contains:
25m at 2.57g/ton gold including 3.1m at 5.0g/t, 5.1m at 4.05g/t and 2.5m at 4.79g/ton with a further 5.2m at 3.18g/ton.
Gold is near to surface and in multiple deformed quartz veins. Where outcrops reach surface thousands of people are hand mining the visible gold'.
- Forums
- ASX - By Stock
- AMX
- v. large v. rich gold with political risk
v. large v. rich gold with political risk
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMX (ASX) to my watchlist
|
|||||
Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11164 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 3165 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11164 | 0.435 |
1 | 37758 | 0.430 |
2 | 71904 | 0.420 |
1 | 1234 | 0.405 |
1 | 16200 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 3165 | 1 |
0.450 | 5000 | 1 |
0.490 | 26988 | 2 |
0.495 | 1020 | 1 |
0.500 | 2109 | 2 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
AMX (ASX) Chart |
Day chart unavailable