I also have been a long term holder of AMI,dollar cost averaged down principally because of the fantastic intercepts at Federation.17.5% zinc is just extraordinary.Even though the gold is at 0.5 grams per ton it is important given the rapid rise in the POG.Majors are primarily looking for mines with a combination of gold and base metals to hedge their bets and especially big deposits that are cheap.This one fits the bill without a doubt.Several Aussie miners have made mistakes buying what would appear to be an attractive gold mine only to find out the results are not what they expected .Silver lake and the Harte mine come to mind.One wonders if Dargues might have more potential with the rapid rise in the POG.
AMI Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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