The best way to make money in the short term is to be proactive and think how the market is likely to respond in the future.
I bought Ampella Mining (AMX) because they have just done a large drilling program (20000 metres) at one of their flagship projects.
Everything points to Ampella striking pay dirt:
1. Hand Mining for visible gold in the locality
2. Good shallow auger samples (at around 3g/ton)
3. Gryphon minerals (GRY) having sucess in the "greenbelt" zone of this region (over 1.1 Moz find)
Now it just up to the large drilling program to hit some gold veins (which is likely given the size of the drilling program) and we should soon see a "SIGNIFICANT DRILLING RESULTS" announcemnet by the end of October to the start of November. Gold drilling results are red hot at the moment because of the record high spot prices.
A worthwhile company to keep your eye on. Add it to your watchlist!
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MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
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