AW1 0.00% 12.5¢ american west metals limited

Ann: 13% Cu in Assays and a New Discovery at Storm, page-6

  1. 100 Posts.
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    I am surprised at the negative comments.

    I am seeing that the known deposits are extending, with some headline worthy hits within them. Hopefully loads of inferred ore is being proven up to indicated status.

    What I really like reading is that "detailed economic, engineering, and mining studies are underway on the DSO development opportunity". This sounds very much like the company is advancing a very detailed scoping study or even a PFS level of study which is a requirement for a reserve and for commitment to start the DSO project. The great advantage of a PFS and a reserve is that it opens up so many other funding opportunities for the future.

    I am genuinely excited about what lays ahead for the project and, with the ship landing soon to do a delivery, we will have proof that everything required can be landed on site by ship and that the DSO concentrate can be exported.
 
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