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Insiderunner

6,274 Posts.

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02/03/24

17:07

Post #: 72712618
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Originally posted by copperroad: ↑

Trolls come and go. Ignore them mate. The main game is the drilling now. The board and cash for the program are all sorted.
It's an exciting time to own the stock regardless of what people say. That 4 hole announcement was out of the blue. That is an example of what can happen during drilling. If they come out and say that they have a 50m hit of 90% iron oxide, the stock could hit 1c quickly on colossal volume. It's that sort of story.
AMD could make a life changing discovery any day. It could be next week or in 3 months. I would rate the chances of AMD getting the right results over 90% of other listed exploration companies. They have the overall geology, early right rocks, iron in all of the first 4 holes, known 12m @ 60% result, 40km of strike, walk up drill targets. If we are patient, this could be a lot of fun. There will always be risk with exploration in Africa. RIO and Winning are fully funded into the biggest resource spend on earth right next door. It's smelling like a matter of when, not if, with any luck. dyor

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Exactly..

I have been aware of Simandou for years and it’s properties.

Never expecting AMD to have gained exposure to the massive potential.

When, not if…..

AMD Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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