AMD 11.1% 0.4¢ arrow minerals ltd

Don't count off AMD

  1. 59 Posts.
    lightbulb Created with Sketch. 62
    There's quite a few people that don't have fond opinions of AMD.
    Many have lost some serious dollars over the years, however the Burkina Faso project looks to be the turning point for the company.

    Results of 0.5g/t or 5ppm is actually a really strong results in auger sampling and the 3km strike length is seriously good.
    In today's market you can be profitable mining 0.8g/t, given its large tonnage being processed.

    Further, the board consists of some smart guys, contrary to popular belief.
    Tommy Mckeith is the Non executive chairman for Genesis Minerals. (check out how GMD are doing lately)
    Howard Golden and Frazer Tabeart both have plenty of years under their belt.
    Also remember that exploration activities in Africa will always take longer then they would in Australia, so punters just need to be patient.

    I'm really excited to see what this follow up drilling comes back as. Fingers crossed for all of us, its good news.


 
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