Now the pundits all talking about gold going up 20pct over next month . Well hello !!! Why wouldn't you buy 3.5 mill oz resource for 130 mill Now that's because it does not make sense Ok it will not be 130 mill !!! But with the cash they have let's say 40 mill a mkt cap of 166 mill is perplexing. Someone is going to steal this for let's say 350 mill Heartbreaking but that's life and what's that !!! A bid around 140/150 IMO I would be interested to see if our directors have been buying!!!!!
The game is being played right before our eyes it a tuff game and we small guys don't get a major seat at the table only minor but all te big guys in above current levels. Even acorn at 73 c ish will want a big premium and Taurus at 1.17 has a big seat at the table Hold the nerve and if you can get more
AMX Price at posting:
66.0¢ Sentiment: LT Buy Disclosure: Held
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