Col
So why bother employing the New Finance Director who I may add is very well regarded and connected!
So he can sit around and do stuff all!
A strategic well thought out hire IMO.
We all need to take a deep breath sit tight !
This project has the backing and hopefully more support of some major well regarded long term investors like Taurus/Sprott/Acorn just to mention few. All have long term experience : Sure the market has changed and things different : Again this highlighted by:Rick Rule: one of the most respected guys in the game. 20th Nov
http://www.youtube.com/watch?v=etVbf7C0bDs&list=UU9ijza42jVR3T6b8bColgvg&index=2&feature=plcp
Then my email and his response:
Hi Rick
I note your comments on the Kitco News and your interview on the 20th November.
I found your comments very interesting in regard to Gold exploration companies and how you position and look for value.
I have a reasonable holding in an Australian Company Ampella Mining (ASX Code AMX) doing exploration in Bukina Faso.
Some significant Funds like Taurus and Acorn here have large holdings as well at prices significantly above the current market
and both seem to be in for long haul.
In addition Taurus now have Board reprsentation.
I was wondering if you are aware of what AMX is acheiving and if on the Sprott Radar?
Kind Regards
And His response as below:
We are 3% holders of Ampella. Andy Jackson, the in house geo who covers west Africa has visited their principle locations, and we are on a familiar basis with their executives. We share your opinion.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 32552 | 20.5¢ |
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Price($) | Vol. | No. |
---|---|---|
22.0¢ | 23683 | 1 |
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No. | Vol. | Price($) |
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4 | 391485 | 0.200 |
1 | 100000 | 0.190 |
2 | 8333 | 0.180 |
2 | 8294 | 0.170 |
Price($) | Vol. | No. |
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0.220 | 23683 | 1 |
0.230 | 12000 | 1 |
0.240 | 3670 | 1 |
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