What is interesting is that with ongoing reviews by the Co. of its corporate structure and a reserve statement due I would think the likely communication between hermes and hoffer couldn't have come at a better time.
Bear in mind that hoffer is by far the best well they have throwing off something like $2M/month from memeory with a huge reserve. Now with communication over a 2300ft area then I'd expect that the size of hoffer is much greater than first assumed perhaps by a factor of 2 or 3 times.
One could argue that all the market is pricing amu for is now the hoffer well.
Clearly Schwing looks good too if they are casing upper levels either way my reading of the release is that it'll produce from the upper level if not both.
The last time AMU looked this undervalued and this interesting was when it was 10c.
DYOR
What is interesting is that with ongoing reviews by the Co. of...
Add to My Watchlist
What is My Watchlist?