IF your "numbers" are correct then it is only applicable that they apply to EVERY Gold stock - Do you own any Gold Stocks that do NOT have your own numbers applied to them????
Dilution?.... Now there, I agree = it has to happen but IF it can be contained (PRU through to Production @ 450 Million shares) then dilution is a non event. However, IF it balloons out to 800 million shares, we have an issue.
DFS is still my main concern and although a PFS is close, I am rather "in the air" as to when AMPELLA will actually produce a single ounce of Gold.
Aim :- Build a Resource to 5 million ounces with no plans for Production?????... It dont make sense!
Yes!... I own a considerable number of shares if 92,000 is considered such and I am behind from around 60c. ( Remember, I made a LOT of money on the upswing from early 2009 with a total sell out over $3)..... AMX was NEVER worth more than PRU at that time ($3.30)was time to SELL out and maximise profit.
AMX Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held
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