Loki -Hint - Look at IP addresses. Use an IP trace.... And yes, the cost of buying mining plant and equip is likely to drop significantly over the next few years you would think. Can't remember which company it was (someone if BF or Mali) but they actually completed there total mine build in less than 15months and was about $20mill cheaper than expected. Hopefully this trend continues.
Dicso - PVM seems a very tight share register , may explain the strength if sellers just aren't materialising. I think AMX, GRY, PRU have at least one fund each getting out and putting pressure on the SP, where as PVM does not at present. Latest results from PVM dynamite prospect are encouraging , could add some value to early mining metrics and cash flow if its shallow ,oxide, higher grade and stacks up into a pit.
Gundi - Have you heard anything about the Gulf states getting onboard with funding for west african juniors ? It is said that they are actively looking for junior projects to fund in Mali at the moment..... Also heard that the Chinese are shifting around in this area more and more....
Funding for AMX may not be from conventional sources perhaps....
AMX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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