fairy stories and non disclosure

AAM board of directors lack independance which has led to many a fairy story but more seriously poor reporting and non disclosure.

Michael Hunt's own law firm is on a retainer with AAM;
Rick Stroud's Optiro Mining consultants writing AAM's mining reports; Bill Hobba is running the plant and lo the plant is always good; Albert Longo wears so many hats CFO, CEO and Co Sec; and ex journo Ross Loutean is paid extra to 'enhance' announcements.

Will the truth ever to see light of day? I think not but the following is real cause for concern:
-MD has been in the job for seven years suddnely leaves.
-An 'internal review' announced March 3rd
-finds fault with the geological information provided by former MD who hasn't been around for the past 6 months
-This sensational announcement which is almost without precedent maybe blame game.
-apparently the 'reputable' geo undertaking the review turns out to be someone JW had sacked
-Past 6 months of poor disclosure and reporting
-Continued poor company performance
-Delayed Alpha 5 months behing schedule
-Another abysmal quarterly production result on way no doubt
-Board placing all hope on Alpha reserve delivering whilst all the other resources ie. Beta, Delta and Epsilon have not or are claimed to be suspect by the board
- AAM Board unable to raise capital or attract an MD

No doubt they are trying to raise capital or even sell off part of the farm but things are so precarious (despite the high gold price) that IMO they may about to be going under.