saltyIt is because it is fascinating watching a drowning man...

salty

It is because it is fascinating watching a drowning man clutching at straws.

BWJ is the AAMthread "towncrier" and he is shouting out beware to all who will listen.

We know the September quarterly will be bad, so the hope is projected out into the future quarterly reports. In the meantime other goldies (and commodity plays) have been moving ahead and if AAM holders had moved their money they would have recovered most if not all of their AAM loses.

AAM is unlikely to move forward again until mid 2011 at the earliest, if at all.

At this stage I am a AAM buyer at 5 cents for a spec play. We were warned by nk and laverton, but most chose to ignore AAM's shortcomings. I now know that a miner must have a feasibility study before proceeding to the mining stage, rather than have the CEO just crank up the mill and expect gold bricks to come out of its bum end.

loki