Thank you. It has been subject to some downward pressure, but not aggressively so. Instead a bit listless.
I suspect there is also a visibility issue. Ami is not listed on some sites as a gold producer, and on others its copper and lead production is missed.
This is an issue with small cap polymetal companies. However, a little bit more publicity should sort that out. I suspect Ami does not feel the need to pursue aggressive marketing in the way of some small caps, because it has such a strong institutional base.
The new CEO tends to let results speak. Very successful with past ventures. I was pleased at the 9 June comference call he indicated Ami was now pretty close to steady state production.
100,000 oz gold per annum, plus the non-precious metals, and Federation, are frankly outstanding for a $470 ml mc company, when $70 ml plus is cash.
I agree the next few weeks will bring announcements and with that positive interest and publicity.
I suspect it is about to hit its stride.
(I thought the same about Alk at 38c. I have since sold Alk - once it got much above $1 I thought there were other preferable prospects short term. A good company though).
AMI Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
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