AMX 2.94% 33.0¢ aerometrex limited

Ann: Drilling Update and New Gold Targets , page-16

  1. pp
    2,343 Posts.
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    Ya last time when pog was down under $1600 this was trading at 35 cents low without any news purely based on pog sentiment...even if u talk fundamentally pog has great impact on junior looking get their project on development for its viability and financing..that was the reason most of goldie juniors hwere slashed when pog was down...amx in fact has pog much more important because it has not been turning out to be cheap producer...it will high cash cost for gold production ....i am almost pretty much certain this would see high 30s if pog goes in downtrend like last time under $1600... There was in fact hope for better results for pending assays last time but this time no hopes...probably u can ask a question to paul for what reason they did not say much about oxides in yesterdays announcements...i am careful with this having said that i still like to buy under 40 cents...it is not very far from 49 cents, is it?
 
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