AAM 5.77% 5.5¢ aumega metals ltd

Ann: Apendices 3y x 7 , page-15

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  1. 66 Posts.
    I believe it's the "corridor of uncertainty".

    Late last year (I can't believe I've held for this long) they mentioned something about a "Turtle zone". The turtle must be hiding in it's shell because we haven't heard anything about it since.

    I realise I'm grossly oversimplifying but in this day and age with all the 4000 years accumulated gold refining wisdom dating back to the OH&S uncompliant Egyptians how hard is it to dig up rock, put rock in plant, pour gold and announce to market that said gold has been poured?

    /end rant, but thats how I feel about this stock right now.

    Sentiment buy, but it's a cranky buy. On past form they will disappoint and miss the 8000 ozs or whatever it is they forecasted, but I'll be happy enough if they get 5-6k and continually improve month on month.
 
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