Hmmmmmm... Interesting piece of "writing", Gooch.Is it all...

Hmmmmmm... Interesting piece of "writing", Gooch.

Is it all yours, or a composition of sources that have not been acknowledged?

"the big boys" as you like to refer to, are smart, clever enough to assertain the difference between a Reserve resource definition and an inferred indicated one.

The "take over" scenario is one that I believe posting Holders in HC have taken to extremes - pure fanciful speculation that is devoid of any logical or immediate facts that would support such beliefs.

Put simply - Ampella needs to define a RESERVE first and the current PFS may, or may not do that - Next will be a DFS and That MUST include a definitive Reserve Gold resource. However, such a DFS is at least 12 months down the track and as we all know, 12 months is a long time in the context of such a "Market".

Sure, AMX leapt out of the Boxes and went past PRU share price at one stage --- hmmmmmmmm. Was it well and truly over bought then?...Of course it was and Many sold out as AMX plummeted below $3...I did.

It was only when Ampella began its terrible fall from grace under $1 that I became interested again and even more interested now under 80c.

Will I buy more...hmmmmmm - I am also looking at others with already defined Reserves and similar "inventory" of tenements..PVM for example...AZM across the Border from AMX and the list goes on.

EV Resource Value?...... There are comparable tables listed in various sites and it seems to me that several Companies are equal to, or better value than AMX - punters must decide for themselves after analysing the various facts.

I post the above, Gooch in the spirit of rational and logical debate/discussion, given that I own exactly 55,000 AMX shares at this present time.

:) Fish